Question: Do Maria and Sancho need additional life insurance coverage? Answer the question based on: A full needs analysis. The human life value approach. The capital
Do Maria and Sancho need additional life insurance coverage? Answer the question based on:
A full needs analysis.
The human life value approach.
The capital retention approach.
The income retention approach.
How much additional life insurance, if any, does Maria need?
How much additional life insurance, if any, does Sancho need?
If either has a need, what type of insurance policy would be most appropriate? How much might such a policy cost?
Draft a list of other potential recommendations that can be used to improve or enhance the situation.
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