You are wage earner in typical family with 40000 gross

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1. The Kelleher family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a $500 deductible per person. If one family member has doctor and prescription medication expenses of $1,100, what amount would the insurance company pay?

2. You are the wage earner in a "typical family," with $40,000 gross annual income. Use the easy method to determine how much life insurance you should carry. 

Reference no: EM13476833

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