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This question belongs to Commerce Insurance

Insurance

?

In a joint life annuity, what would happen to annuity payment if the spouse is to predecease the annuitant?

A) Annuity would continue B) Annuity would cease C) A & B correct D) None of the above

Answer & Solution

Correct Answer: Option B

In a joint life annuity, Annuity would cease if the spouse is to predeceased the annuitant.

Question posted by Examveda

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