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natulia [17]
3 years ago
5

Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed pe

riod, during which, if the original recipient dies, the payments will continue to a designated beneficiary?
Business
1 answer:
SOVA2 [1]3 years ago
8 0

Answer:

Life income with certain period annuity

Explanation:

This type of policy guarantees a certain amount of money during the remaining life of the insured. It also guarantees that during a minimum specified time, the certain period, the payments will be carried out even if the insured dies. In this case the benefits will be paid to his/her beneficiary. The insured determines the certain period when choosing the life insurance plan, and the certain period can vary from 5 to 30 years.

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7 0
2 years ago
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Vsevolod [243]

Answer:

Explanation:

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Add: Desired January 31 inventory                           4,000

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Less: Estimated January 1 inventory                        -$1,900

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Explanation:

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