Which factor does NOT pertain to the human life value approach?

The human life value approach is a method used in life insurance to assess the financial value that a person's life contributes to their dependents and beneficiaries. This approach typically focuses on quantifiable economic factors that can impact that financial value.

Future earnings are central to this approach, as they estimate the income an individual is expected to earn throughout their working life, providing a basis for determining how much insurance coverage is needed. Debt status also plays a significant role because existing liabilities can affect the financial needs of the dependents in the event of the individual's death. The time value of money is relevant as it considers how future income streams will be affected by factors such as inflation and investment returns over time, impacting the present value of future earnings.

In contrast, health status does not pertain to the human life value approach as it focuses more on the economic contributions and future earnings potential rather than the individual's current health condition. While an individual's health may influence their insurability or risk classification, it does not directly relate to the calculation of their economic value in the context of life insurance when adhering strictly to the human life value perspective. Thus, health status is not a factor considered in this approach.