RMI RMI 3011

1. The "Human Life Value" of S. S. Huebner defines the insurable value of an individual as (a) 10 times his annual after tax income. (b) total future wages that he is expected to earn. (c) the amount his family would need if he should die. (d) the discounted value of future earnings, minus that portion of such income that the individual would consume personally. 2. The risk of income loss resulting from premature death (a) is universal, since death is inevitable. (b) has approximately...

Multiple Choice Questions Chapter 10 1. The "Human Life Value" of S. S. Huebner defines the insurable value of an individual as (a) 10 times his annual after tax income. (b) total future wages that he is expected to earn. (c) the amount his family would need if he should die. (d) the discounted value of future earnings, minus that portion of such income that the individual would consume personally. 2. The risk of income loss resulting from premature death (a) is universal, since death...