What Is the Length of the Readjustment Period Which Is

question 47

Multiple Choice

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

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Definitions:

American Society

The body of individuals who live in the United States, characterized by diverse cultures, social practices, and values.

Equality

The state of being equal, especially in status, rights, and opportunities.

Permanent Part

A component or element of something that is not subject to change or removal, established as a lasting or enduring piece of the whole.

Abolitionist Societies

Groups dedicated to ending the practice of slavery and securing freedom for enslaved people.