13. List the two approaches to figure out how much life insurance should be purchased?

You have the following scenario, what life insurance method would you use and recommend and explain your answer. Remember theres often not a right or wrong answer, I will grade you on your explanation and demonstration of your knowledge.

14. For a 35 year old women, married, three children ages 2, 5, 10. Her occupation is brain surgeon and she is the top of her field in the nation. Her husband is a stay at home dad.

15. 55 year old man, married, two kids in college, he works as a professor and his wife is an insurance salesperson and is a top earner in her company.