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Question 2 1 pts After a few years of working, you meet your life partner...

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Question 2 1 pts After a few years of working, you meet your life partner and decide to get married. Your income has now grown to $75,000/year, and your spouse's income is $45,000/year. Your spouse has life insurance through work of 2x salary. Assume that you and your spouse require 60% of your total combined pre-tax income for lifestyle needs if one of you should pass away, until retirement (say, 30 years away). When reviewing your finances together, you realize that you should probably also look at your insurance needs. Which of the following is most appropriate to satisfy your current insurance requirements? Purchase term insurance for you and your spouse. Purchase term insurance for you only. You have sufficient coverage through your work plans and don't need additional coverage. Purchase term insurance for your spouse only

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