Bill is attempting to determine how much life insurance to purchase. H

Bill is attempting to determine how much life insurance to purchase. He has two dependent children and his wife does not work outside of the home.

An advisor suggested that Bill should consider Social Security benefits when doing his life insurance planning. One concern in this regard is the period after Social Security benefits to a widow terminate until they resume again. This period is called the
A) blackout period.
B) dependency period.
C) emergency period.
D) readjustment period.

ANSWER

Answer: A