Denise, age 45, is a member of her employer's group insurance plan, which provides disability protection for 60% of her annual salary of $60,000. Louis, her 42-year-old spouse, is self-employed, has an annual income of $45,000, and no disability protection. As parents of three teenagers, Denise and Louis need $6,000 a month to meet their financial obligations with respect to such expenses as housing, food, car, clothing and entertainment. Which of the following best characterizes Denise and Louis' current protection? -The likelihood of Denise and Louis becoming disabled at the same time is almost zero. So, there is no need for additional protection. - In the event Denise is disabled, she will receive $3,000/month. Along with Louis' monthly income of $3,750, the couple will have no difficulty meeting their financial obligations, so there is no need for additional protection. - Denise should increase her group insurance protection to cover 75% of her income. - In the event Louis is disabled and has no monthly income, Denise's income will be insufficient to meet the couple's financial obligations. It is recommended that Louis take out insurance to protect up to 60% of his income.