Joe, a financial planner, is working with his clients to determine their life insurance needs. Joe is determining the life insurance need by estimating the cash needs of the family during and after the insured's death. Some of the financial needs that Joe is considering are the payment of final expenses, medical care, and eliminating debts. Which of the following models is Joe using to determine the life insurance needs? Human-Life Value Approach. Capitalized-Earnings Approach. Needs Approach Discretionary Cash Flow Approach