Ask Question
20 December, 23:16

Which of the following annuity payment options will continue payments to another person for their life after the annuitant dies? A. Life AnnuityB. Life Annuity with Period CertainC. Joint and Last Survivor AnnuityD. Unit Refund Annuity

+1
Answers (1)
  1. 21 December, 02:39
    0
    Answer: Joint and Last Survivor Annuity

    Explanation:

    An annuity is a form of regular payment made by an insurance company to an individual with their coverage, starting from a specific time (could be retirement) to end at a specific time (death of the client).

    A joint and last survivor annuity is a form of annuity, where a spouse is paid even after the death of the other spouse receiving the annuity initially.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following annuity payment options will continue payments to another person for their life after the annuitant dies? A. Life ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers