Raelene is a real estate broker and earns on average $90,000 of pre-tax income annually. Her portion of family expenses such as mortgage payments, household expenses, food, etc. amounts to $3,000 a month. Because she would not be able to continue selling real estate if she was to become disabled, she wishes to purchase disability insurance. Given this scenario, which of the following statements is most accurate? Select one: a. Based on the income approach her life insurance agent recommends $3,000 per month of coverage b. Based on the expense approach her life insurance agent recommends $4,000 per month of coverage c. Based on the expense approach her life insurance agent recommends $4,500 per month of coverage d. Based on the income approach her life insurance agent recommends $4,500 per month of coverage

Raelene is a real estate broker and earns on average $90,000 of pre-tax income annually. Her portion of family expenses such as mortgage payments. household expenses, food, etc. amounts to $3,000a month. Because she would not be able to continue selling real estate if she was to become disabled. she wishes to purchase disability insurance, Given this scenario, which of the following statements is most accurate? Select one: a. Based on the income approach her life insurance agent recommends $3.000 per month of coverage b. Based on the expense approach her life insurance agent recommends $4,000 per month of coverage c. Based on the expense approach her life insurance agent recommends $4,500 per month of coverage d. Based on the income approach her life insurance agent recommends $4,500 per month of coverage