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What approaches can be taken to calculate the dollar amount of life insurance that is most appropriate for your specific, individual needs/circumstances? What are the

What approaches can be taken to calculate the dollar amount of life insurance that is most appropriate for your specific, individual needs/circumstances? What are the strengths and weaknesses of these various approaches? ln addition to using one of these approaches to calculate how much life insurance is right for you, what are some other best practices when it comes to selecting (and buying) the proper life insurance product?

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