Which of the following statements regarding life insurance needs is / are correct? 1. The human life value approach looks forward for information. 2. The capitalization of income approach looks at right now only for information.3. The needs approach looks at future needs of dependents but does not consider the estate that the decedent would have built had he lived.

1 only.

1 and 2

1 and 3.

"1, 2, and 3."