Based on Human Life Value Approach, which of the following is NOT used to calculate an individual’s life value? 1. Effect of inflation on income over time. 2. Predicted needs of the family after the insured’s death. 3. Insured’s current and future income. 4. Insured’s annual expenses.
Based on Human Life Value Approach, which of the following is NOT used to calculate an individual’s life value?
1. Effect of inflation on income over time.
2. Predicted needs of the family after the insured’s death.
3. Insured’s current and future income.
4. Insured’s annual expenses.
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