Finance for Dad by R.A. Bridges

Author:R.A. Bridges
Language: eng
Format: epub
Publisher: R.A. Bridges
Published: 2015-11-15T00:00:00+00:00

DETERMINING THE NEED FOR LIFE INSURANCE

Family income needs:

What is your current monthly income?

5,000

What % of your income would your family require to live?

80%

Monthly income that your family would require

4,000

What would be the salary of the surviving partner?

2,000

What surviving pension would your partner receive?

500

What other income can your family get?

0

Additional income to complete your family needs

1,500

How long would they depend on the insurance? (years)

25

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