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.
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!
