What are the two most commonly used ways to determine a person’s life insurance needs?

What are the two most commonly used ways to determine a person’s life insurance needs?

There are three common ways to determine a client’s life insurance needs: Multiple-of-income approach, human life value approach, and capital needs analysis. The latter two methods are more sophisticated and allow you to address the specific needs and concerns of your clients’ survivors. Sep 7, 2017

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