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3. Which of the Following Best Describes the Life Insurance Income Needs When Using the DIME Method? Multiply Annual Income by the

Question

3. Which of the following best describes the life insurance income needs when using the DIME Method? Multiply annual income by the number of years the income will continue to provide for the family. Divide annual income by the number of years income will continue to provide for the family. Multiply annual income by the number of years until the client turns 65. Add annual income plus the number of years income will continue to provide for the family.

Solution

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Answer

**A. Multiply annual income by the number of years the income will continue to provide for the family.**