Which of these factors does NOT influence an individual's need for life insurance?

Self-maintenance expenses do not directly influence an individual's need for life insurance in the same manner as the other factors listed. Life insurance is primarily designed to provide financial protection for dependents or beneficiaries in the event of the policyholder's death. Therefore, the need for life insurance is significantly affected by factors such as family size, income level, and debt obligations.

Family size plays a crucial role because having dependents, such as children or a spouse, increases the need for life insurance to ensure that these individuals can maintain their standard of living and cover ongoing expenses after the policyholder's death.

Income level is another important consideration, as it directly impacts the financial resources required to support family members in the absence of the primary earner. A higher income often translates to a greater need for coverage to replace lost income and maintain the family's lifestyle.

Debt obligations are also a significant factor, as outstanding debts, such as a mortgage or personal loans, can pose a financial burden on survivors. Life insurance can help ensure that these debts do not fall on family members.

In contrast, self-maintenance expenses are more about the individual's personal cost of living and do not have the same direct impact on the requirement for insurance to protect financial dependents or fulfill financial responsibilities after