Tim and Allison are married and have two children, ages 4 and 6. Allison is a...
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Tim and Allison are married and have two children, ages 4 and 6. Allison is a "nonworking" spouse who devotes all of her time to household activities. Estimate how much life insurance Tim and Allison should carry to cover Allison. Answer is complete but not entirely correct. Life insurance need $ 160,000 Tim and Allison are married and have two children, ages 4 and 6. Allison is a "nonworking" spouse who devotes all of her time to household activities. Estimate how much life insurance Tim and Allison should carry to cover Allison. Answer is complete but not entirely correct. Life insurance need $ 160,000
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