1\ Jonathan estimates that financial resources worth $3,000,000 will be necessary to protect his family after his death. What amount of insurance, as per the needs analysis method, should Jonathan purchase if he has current financial resources worth $1,000,000? Q2\Marilyn Simms died with a $150,000 life insurance policy. Her husband, Jack, is the primary beneficiary, and their children, Mimi (age 24) and Ann (age 30), are the contingent beneficiaries. All three survive Marilyn. How will the policy proceeds be distributed? Q3/Michael's estimated current monthly take-home pay is $3,500. His total existing monthly benefit is $2,950. Michael's estimated monthly disability benefit is: Q4/Patrick's monthly take-home pay is $5,000. His net worth is $125,000. He estimated that he would receive Social Security benefits worth $1,000 and company disability benefits $1,000 if he becomes disabled. The additional disability benefit that he needs to arrange for is