Blackout Period
Definition of "Blackout period"
Time interval between the date benefits end under Social Security and the date these benefits resume. For example, survivor benefits are paid only as long as the parent (if less than age 60) cares for a child less than age 16. Once that child reaches age 16, the surviving parent must wait until age 60 before survivor benefits resume.
Popular Insurance Terms
In life insurance, single payment instead of a series of installments. ...
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Assets that are not readily convertible into cash 'without a significant loss of principle, such as an automobile, a house, television set, a radio, etc. ...
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Risk associated with excessive rate of growth in premiums and contingencies such as affiliate company requirements. ...
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