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Author Question: All of the following are defects which limit the usefulness of the human life value approach in ... (Read 66 times)

meagbuch

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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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Answer to Question 1

Answer: D

Answer to Question 2

Answer: A




meagbuch

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Reply 2 on: Jul 11, 2018
Excellent


komodo7

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

 

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