Mr. Malhotra and Mrs.Malhotra aged 50 and 45 years respectively, both have a life expectancy of 35 years.

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Mr. Malhotra and Mrs.Malhotra aged 50 and 45 years respectively, both have a life expectancy of 35 years.

You have following information

Calculate the adequate insurance required based on need based approach.
A . 65 lakhs
B . 60 lakhs
C . 54 lakhs
D . 44 lakhs

Answer: C