Which type of annuity stops all payments upon the death of the annuitant?

Insurance

Are you looking for the correct answer to the question “Which type of annuity stops all payments upon the death of the annuitant?”? 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.

Which type of annuity stops all payments upon the death of the annuitant?

Options

a) Life annuity
b) Period certain annuity
c) Cash refund annuity
d) Joint and survivor annuity

Answer: a) Life annuity

The above question Which type of annuity stops all payments upon the death of the annuitant?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.