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Blababa [14]
3 years ago
7

Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?

Business
1 answer:
VMariaS [17]3 years ago
6 0
<span>The annuity payout option that allows the policyowner to choose a pre-determined number of benefit payments is known as an Annuity Certain. Which is a financial instrument that provides a stream of payments, for a predetermined number of years. If the annuitant dies before the payment term ends, an annuity certain will continue a stream of payments remitted to the annuitant's beneficiary or estate.</span>
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