Question
a.
It is a method that quantifies the estimated potential earnings of the insured.
b.
It is a method that takes into account the future financial needs of the beneficiaries and translates this into the death benefit amount.
c.
It is a method that assesses the value of the insured's assets and liabilities.
d.
It is a method that evaluates the risk factors associated with insuring the life of the insured.
Posted under IC22 Life Insurance Underwriting
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Q. What is the needs analysis method of arriving at the insurance cover amount?
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