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Glossary Home | Search Glossary | Submit New Term Adjustment incomeIncome payable to a surviving spouse or other beneficiary upon the death of the primary wage earner to bridge the gap until the beneficiary is self-sufficient. For example, income can be provided for a limited period of time until a widow can regain emotional stability, receive career guidance, as well as training, to establish a permanent career if necessary. The need for adjustment income is a significant consideration in deciding how much life insurance to purchase. Find a Real Estate Agent to help you to buy or sell a home |
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