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Insurance & Risk Management
10. Chapter 11: Life Insurance/Amount of life insurance to own
10. Chapter 11: Life Insurance Illustration
Syllabus Slides

Amount of life insurance to own

01.Core Concepts

Two approaches can be used to estimate the amount of life insurance to own The human life value approach: The amount needed depends on the insured’s human life value, which is the present value of the family’s share of the deceased breadwinner’s future earnings ‹#›