Using the ____ approach is the most accurate method to determine life insurance needs.
A) human life value
B) multiple earnings
C) risk assessment
D) economic identification
E) needs

Question

Quizplus · Accepted Answer

The needs approach is the most accurate method as it considers the specific financial needs and obligations of the insured's dependents, such as debts, education costs, and living expenses, to determine the appropriate amount of life insurance coverage.

Using the ____ Approach Is the Most Accurate Method to Determine