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: Option B

Solution(By Examveda Team)

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