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Rzqust [24]
3 years ago
8

The "death benefit" associated with a variable annuity contract means that if the contract holder dies:__________.

Business
1 answer:
lesya692 [45]3 years ago
8 0

Answer:

<u>B. after annuitization, the amount invested in the contract is returned to a beneficiary</u>

Explanation:

<u>Annuitization: </u>In business, the term "annuitization" is described as a phenomenon which is responsible for converting an "annuity investment" into a stream or flow of regular payments. However, with an "annuity" any financial product that is responsible for making out regular payouts after a given time of an individual, his or her investment can pay off quickly.

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