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The amount of Human Life Value is calculated by properly Discounting the followings.

  1. Current Earning of the Insured
  2. Savings Potential of the Insured
  3. Fraction of Income of the Insured that is used for Dependents
  4. Social Status of the Insured.

 

Accounting Insurance Administration Finance Management
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Question added by IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd
Date Posted: 2015/03/30
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Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Savings Potential of the Insured

 

is the answer.

Ram Narayan
by Ram Narayan , CEO , Ralco Industries

2. Saving Potential of the insured as this will what he will have at the end of his life.

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