The foliowing is an excerpt from a hypothetical conversation between an insurance agent and a client who is in the final stages of purchasing a $200,000 whole life insurance policy. Fill in the blanks to provide the correct information regarding key features of life insurance policies. AGENT: We need to discuss a few things before finalizing your policy. First, the beneficiary clause. Who would you like to name as your primary beneficiary, that is, the person who will CLIENT: That would be my wife, Susan. AGENT: Okay, and will go to your secondary beneficiaries. Who will those be? CLIENT: My children. AGENT: Excellent: Now, how would you like your benefits to be distributed? We offer lump sum, interest-only, fixed-period, fixed-amount, and life-income payments ClIENT: Well, Id like my beneficiaries to receive payments until my wife's Social Security benefits kick in. AGENT: In that case, I recommend settlement option. CLIEMTt Now what about loans. If I take out a loan against my policy, what happens if I die before paying it back? AGENTI