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mike and amy are married and have one child, age 15. amy is a "nonworking" spouse who devotes all of her time to household activities. estimate how much life insurance mike and amy should carry to cover
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40 votes
40 votes
mike and amy are married and have one child, age 15. amy is a "nonworking" spouse who devotes all of her time to household activities. estimate how much life insurance mike and amy should carry to cover amy.

User Dbryson
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3.1k points

2 Answers

20 votes
20 votes
They should have the standard life insurance
User Simon Stender Boisen
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2.9k points
13 votes
13 votes

Answer: the standard amount of life insurance for both Mike and Amy!

Explanation: if both Amy and Mike have a standard plan for those of 18 years of age to 24, that's a $500k policy for less than $19/month! I hope this helps! Good luck!

User Rivered
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2.8k points
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