What is the length of the readjustment period which is considered when

What is the length of the readjustment period which is considered when the needs approach is used to determine the amount of life insurance to own?

A) 3 to 6 months
B) 1 to 2 years
C) until the youngest child reaches age 18
D) until the surviving spouse reaches age 65

 

 

ANSWER

Answer: B

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