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Homer and Marge are both 34 years old. They have three children: Bart, age 10; Lisa, age 8; and Maggie, age 2. Homer is the
Homer and Marge are both 34 years old. They have three children: Bart, age 10; Lisa, age 8; and Maggie, age 2. Homer is the primary breadwinner, working at the local nuclear power plant, while Marge stays home to look after the kids. a) Explain briefly why it might make sense to have a life insurance policy on Marge, even though she doesn't earn money. (1-2 sentences) If Homer dies this year (2022)... b) When will the dependency period end? c) When will the blackout period begin? d) When will the blackout period end
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