Ask Question
BusinessBusiness
3 August, 19:50

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

+5
Answers (1)
  1. 3 August, 20:02
    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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
As you sit at your desk on your first day back after a rejuvenating vacation to the Caribbean, you bring your mind back to your work as the head of a beverage bottling plant.
Answers (1)
Which of the following is NOT a type of funded retention? a: reservesB: self-insurancec: captivesd. credite: all of the above
Answers (1)
Ralph wants to be an aeronautical engineer. He applied to a school with a great reputation but was denied admission. What should he do now?
Answers (1)
Sears department stores used to plant employees in competitor stores to perform research and analysis.
Answers (1)
4. Consider the following information for a closed economy. Y = $12 trillion, C = $8 trillion, G = $2 trillion, Spublic = $-0.5 trillion and T = $2 trillion. 1. What is private savings for this economy? 2.
Answers (1)
New Questions in Business
April 1 purchased land for $2,160,000. may 1 sold equipment that cost $1,020,000 when purchased on january 1, 2014. the equipment was sold for $612,000.
Answers (1)
In Keynes's liquidity preference theory, what variables determine the demand for real money balances? A. The demand for real money balances depends on the interest rate and net exports. B.
Answers (1)
Which of the following is NOT one of the strategies incorporated in the Sarbanes-Oxley Act of 2002? (A) Establish compliance programs (B) Establish ethics programs (C) Dictate maximum compensation levels (D) Attain greater board independence
Answers (1)
On March 1, 2022, Blossom Company acquired real estate, on which it planned to construct a small office building, by paying $86,000 in cash.
Answers (2)
Which of the following statements is true of the market introduction stage of the product life cycle?
Answers (1)
Home » Business » 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
Sign Up Forgot Password?