Jessica is an agent for LMN Life Insurance Company. She met with Brad
Jessica is an agent for LMN Life Insurance Company.
She met with Brad, who was interested in purchasing life insurance. Jessica explained the various uses of life insurance, including income for Brad’s wife during the 1- or 2-year period following Brad’s death. This period is known as the
A) dependency period.
B) estate clearance period.
C) blackout period.
D) readjustment period.
ANSWER
Answer: D
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