You and your spouse are in good health and have reasonably secure careers. Each of...
80.2K
Verified Solution
Link Copied!
Question
Finance
You and your spouse are in good health and have reasonably secure careers. Each of you makes about $28500 annually. You own a home with an $83000 mortgage, and you owe $22000 on car loans, $7300 in personal debts and $4800 on credit card loans. You have no other debts. You have no plans to increase the size of your family in the near future. Average funeral expenses for the area are $8400.
Estimate your total insurance needs using the DINK method.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!