FINANCIAL NEEDS APPROACH - A method of establishing the amount of life insurance required by an individ...
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financial needs approach The technique used to determine how much life insurance is required, by considering the future needs of the policy's beneficiaries.
An organized institutional structure or mechanism for creating and exchanging financial assets.
Financial needs approach ...
See also Adequacy of Coverage; Annual Exclusion; Cash Value Insurance; Contingent Beneficiary; Convertibility; Death Benefit; Experience Rating; Financial Needs Approach; Fixed Premium; Fully Paid Policy; Guaranteed Insurability; Hidden Load; ...
 See also: Financial leverage, Direct investment, Fixed premium, Fidelity bond, Saving
  
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