What term describes the estimated financial benefit a person brings to their family or dependents?

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The correct term for the estimated financial benefit a person brings to their family or dependents is referred to as Human Life Value. This concept encompasses the monetary worth of an individual's potential earnings and contributions to their household and family over the course of their lifetime.

Human Life Value takes into account various factors such as salary, potential raises, the value of non-monetary contributions like caregiving, and any additional benefits that might be lost to dependents if the individual were to pass away. It focuses on the overall impact a person has on their family’s financial stability and security.

In contrast, projected earnings typically refer to an individual's expected income without necessarily considering the broader implications for dependents. Economic value is a broader term that can refer to the worth of goods and services in an economic context, while asset valuation pertains to the assessment of the worth of tangible and intangible assets. These terms do not specifically measure the financial benefit directly related to an individual’s contribution to their family or dependents like Human Life Value does.

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