Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 03, 2024

The needs approach is widely used for determining the amount of life insurance to purchase. In no than less than 200 words, describe the following

The needs approach is widely used for determining the amount of life insurance to purchase. In no than less than 200 words, describe the following needs for a typical family head:

a. Cash needs

b. Income needs

c. Special needs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance

Authors: Richard W. Tresch

4th Edition

0128228644, 978-0128228647

More Books

Students also viewed these Finance questions

Question

★★★★★

What is the characteristic common to all current assets? Many retail stores regularly sell merchandise on installment plans, calling for payments over a period of 24 or36 months. Do such receivables...

Answered: 1 week ago

Question

★★★★★

9. What is the purpose of the NLN? Why should nurses support it?

Answered: 1 week ago

Question

★★★★★

9.28 MMT in Gasoline The addition of MMT, a compound containing manganese (Mn), to gasoline as an octane enhancer has caused concern about human exposure to Mn because high intakes have been linked...

Answered: 1 week ago

Question

★★★★★

On September 1, 2015, the account balances of Percy Equipment Repair were as follows. During September, the following summary transactions were completed. Sept. 8 Paid $1,400 for salaries due...

Answered: 1 week ago

Question

★★★★★

9) Use the t-test to determine whether the slope of the regression model is significant at =0.05. State the null and alternative hypotheses. H0:1Ha:10

Answered: 1 week ago

Question

★★★★★

Is this multivariable Boolean theorem correct X+(XY) = X+Y (Hint: Create truth table)? a. There is no such theorem b. TRUE c. FALSE

Answered: 1 week ago

Question

★★★★★

The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per pair of skis Variable...

Answered: 1 week ago

Question

★★★★★

Ocean Fishers Ltd had a 22-foot fishing boat with an inboard motor that was purchased on April 9, 2015, for $74,000. The PPE subledger shows the following information regarding the boat b....

Answered: 1 week ago

Question

★★★★★

A spaceship is orbiting around the Earth. The mass of Earth is 5.98 x 1024 kg, and the mass of the spaceship is 8600 kg. Let R be the distance from the center of Earth. If this distance changes from...

Answered: 1 week ago

Question

★★★★★

5. Two events occur at positions on the x-axis separated by a distance of Ax and by a time interval of At, according to one observer (Ann). Ann notes that when the first event occurs (a flash of...

Answered: 1 week ago

Question

★★★★★

A transverse mechanical wave is traveling along a string lying along the x-axis. The displacement of the string as a function of position and time, y(x, t), is described by the following equation:...

Answered: 1 week ago

Question

★★★★★

What are the advantages and disadvantages of a performance management system? Would such a grading system motivate your classroom performance? Explain.

Answered: 1 week ago

Question

★★★★★

To improve product quality, a company is introducing a computer-assisted manufacturing process into one of its assembly plants. The new technology is likely to substantially modify jobs. Employees...

Answered: 1 week ago

Question

★★★★★

(Appendices) Be familiar with management's responsibilities for reporting on internal control under Section 404 of the Sarbanes-Oxley Act. LO8

Answered: 1 week ago

Previous Question Next Question