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Author Question: All of the following are defects which limit the usefulness of the human life value approach in ... (Read 63 times)

meagbuch

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on: Jul 11, 2018
All of the following are defects which limit the usefulness of the human life value approach in determining the correct amount of life insurance to purchase EXCEPT
 
  A) The effects of inflation are ignored.
  B) Other sources of income for survivors are ignored.
  C) Earnings are assumed to remain constant.
  D) Earnings during the individual's productive lifetime are ignored.

Question 2

Which of the following is a cost/expense that an estate clearance fund is designed to pay?
 
  A) burial expenses
  B) retiring the mortgage
  C) education costs
  D) income for the widow(er) during the readjustment period


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nhea

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: A


meagbuch

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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