If a contract provides a set amount of income for two or more persons with the income stopping upon the first death of the insured, it is called a
If a contract provides a set amount of income for two or more persons with the income stopping upon the first death of the insured, it is called a
A) Joint and survivor annuity.
B) Deferred annuity.
C) Pure annuity.
D) Joint life annuity
Answer: Joint life annuity
Comments
Post a Comment