Technique used to determine how much life insurance is required, by considering the future needs of the policy's beneficiaries.
Related information about financial needs approach:
- What is financial needs approach? definition and meaning
Definition of financial needs approach: Technique used to determine how much life insurance is required, by considering the future needs of the policy's ...
- Financial needs approach - Financial Dictionary - The Free Dictionary
A method of establishing the amount of life insurance required by an individual by estimating the financial needs of dependents in the event of the individual's ...
- Determining the Appropriate Amount of Life Insurance - Advisor Today
With the capital-needs method, determine the amount of life insurance proceeds as in the financial-needs approach. You prepare a personal balance sheet for ...
- CFP Kaplan Theory and Practice Flashcards
Apr 14, 2008 ... (1) Human Life Value Approach. (2) The Financial Needs Approach. (3) The Capital Retention Approach. (see cards 25-30 for more detail) ...
- How Much Life Insurance Is Needed? | eHow.com
The second method is the financial needs approach. This examines the needs of the survivors and figures the amount by using this value. The final method is ...
- Certified Financial Planner: Definition from Answers.com
... accredited personal financial planning specialist. Previous: Financial Needs Approach, Financial Market. Next: Financial Position, Financial Public Relations ...
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Our team of financial professionals is a valuable resource that you can turn to for all of your financial needs. Approach Today, it's common to have multiple ...
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financial capital · financial condition · financial futures · financial institution · financial instrument · financial leverage · financial market · financial needs approach ...