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Review Questions 6 – Risk Management
In APA Formatting, the following questions will need to be answered:
- The needs-based approach is one technique for calculating how much life insurance one needs. Explain briefly the method for calculating this amount.
- What are the main financial planning problems encountered in the “early adult” years?
- Explain why there is a savings element to a whole life insurance contract.
- What are the advantages of saving with cash value whole life insurance?
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