What is the period when, should the insured die prematruely, the surviving spouse will have chilren to support?

Question

Social Studies

Deborah Waller

4 February, 12:43

What is the period when, should the insured die prematruely, the surviving spouse will have chilren to support?

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Answers (1)

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Anahi French · Answer 1

Family Dependency Period

Explanation:

Family dependency period is that period when one who has life insurance dies prematurely and the spouse of the deceased has children to support. During this period, the income need of the family is usually on the high side during this period.