Lev owns a $400,000 whole life insurance policy with a dread disease (DD) benefit of $100,000. He recently had a heart attack and was admitted to the hospital for a week. He is out of funds after paying the hospital bills, and hence, he makes a claim of the dread disease benefit a month later. What outcome can be expected? QWZ2NIBpMDhvZU5yRINaUmFCcONOdz09 a. Lev will not receive the $100,000 as he is not in a life-threatening condition. b. Lev will receive the $100,000 DD benefit, but it will be taxed. c.O Lev will receive the $100,000 DD benefit and it will not be taxed. d. Lev will receive the $100,000 and his death benefit will remain the same