Question
Christina Paun and Jason Parsons have a young daughter. Jasons salary is $48,000 p.a. and Christinas is $65,000. Jason's employer gives him life insurance for
Christina Paun and Jason Parsons have a young daughter. Jasons salary is $48,000 p.a. and Christinas is $65,000. Jason's employer gives him life insurance for 2X his salary as a benefit. Christina has a term life insurance policy of $250,000. Using the insurance agents simple income replacement method, how much more insurance should Jason buy?
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
