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6. Leon earns $100.000 peryear as a notary. He is married to Denise and they are patente of twoyear-old twins. To envire his farmby sinarroul
6. Leon earns $100.000 peryear as a notary. He is married to Denise and they are patente of twoyear-old twins. To envire his farmby sinarroul uacuryt th the event of tis death, he purchased a $1,000,000 insunance policy on his life. Since Denist is a stay at home mother with no ert oloyinets incontic thish believes he has enough insurance coverage to off set any financial lonsen in the event of his or her death. is Leon correct? Leon is right: the 51,000,000 hife insurance policy will prowide sufficient incorne for Denise and the chidren Leon is right: insuring Denise's life is unnecessary since shet has no income. Loon is incorrect: he should purchase life ingurance on the twins. Lent is incorrect if Denise were to die, Leon would incur additional child care expenses
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