what is the human life approach 
the human life approach is a method of calculating the amount of life insurance a family would need based on the financial loss they would incur if the insured person in the family were to pass away today understanding the human life approachthe human life approach is usually calculated by taking into account a number of factors including but not limited to the insured individual s age gender planned retirement age occupation annual wage employment benefits as well as the personal and financial information of the spouse and or dependent children since the value of a human life has economic value only in its relation to other lives such as a spouse or dependent children this method is typically only used for families with working family members the human life approach contrasts with the needs approach 