Basic needs, such as food, water, clothing, and shelter, that a person requires to survive. These needs are the first layer of Maslow's Hierarchy of Needs, and are the minimum that should be provided by any Life Insurance plan.
Necessities of Life
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Necessities of Life |
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Necessities of Life |
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 | dirt-poor |
| cost of living |
| Custodial Care (insurance term) |
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| What are the four bare necessities of life? Read answer... |
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 | Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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