Q803
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
AnswerC.
A & B correct
D.
None of the above
Answer: Option B
Solution
Answer: Option B
Solution:
In a joint life annuity, Annuity would cease if the spouse is to predeceased the annuitant.