Which of the following is true regarding the financial needs method used to determine life insurance needs?

a. Most clients are fine with their dependents suffering a decrease in their standard of living.

b. The readjustment period typically lasts for one to two years following the death of the breadwinner.

c. Final expenses and debts are not a key feature of this method because they are generally limited in amount and often not due for a long time after death.

d. The so-called blackout period is the period of time between the insured’s death and when the insurance death benefit is actually paid out.