In life insurance, the needs approach is used mostly to establish: how much life insurance a client should apply for which company a client should use when applying for life insurance which type of life insurance a client should apply for what the maximum amount the client can spend on life insurance
Added by Richard G.
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Step 1: Understand the needs approach in life insurance, which focuses on assessing the financial needs of the client and their dependents in the event of the client's death. Show more…
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