Web10. nov 2024. · A period certain annuity is a contract that lets you choose when and how long you’ll receive payments. The income you receive from the annuity is guaranteed … WebThe life income with period certain option guarantees a specified number of settlement payments that passable to secondary beneficiaries. TRUE or False 2. When you stop …
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WebA. $0 B. $50,000 (50% of the policy value) C. $100,000 D. $300,000 (triple the amount of policy value) C. $100,000 *The triple indemnity accidental death rider obligates the company to pay three times the face amount of the policy if the insured dies as a result of an accident. Web02. sep 2024. · A pure life annuity is a type of annuity that provides guaranteed periodic payments until your death. They are commonly used to provide a guaranteed income that continues for life. When you die, payments cease though they may continue to pay out to a beneficiary depending on the options you select. dahlmeier insurance agency inc
Solved Why does the straight or pure life-income settlement
WebWhy does the straight or pure life-income settlement option provide the life insurance beneficiary with a larger life income than any of the period-certain life-income … WebA life annuity with period certain annuity is a contract that guarantees payments for an annuitant’s entire life along with a guaranteed period, typically 5 to 20 years. If the … Web10. apr 2024. · Q. Why do females receive less lifetime monthly income from a structured annuity than males of the same age and health status, when the structured settlement is funded with the same amount of money?. A. 1. As an initial matter, there is no difference in pricing except where life contingent payments are being priced. For example, if there is a … dahl memorial healthcare