Life income joint and survivor settlement option guarantees

Insurance

Are you looking for the correct answer to the question “Life income joint and survivor settlement option guarantees”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.

Life income joint and survivor settlement option guarantees

Options

a) Income for 2 or more recipients until they die.
b) Payment of interest on death proceeds.
c) Payout of the entire death benefit.
d) Equal payments to all recipients.

Answer: a) Income for 2 or more recipients until they die.

The above question Life income joint and survivor settlement option guarantees, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.