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Dominik [7]
3 years ago
9

Z chooses a life income with 10 year period certain settlement option for the annuity Z owns. Z dies after 15 years of receiving

income benefit payments. What does Z's beneficiary receive
Business
1 answer:
insens350 [35]3 years ago
3 0

Answer: Nothing

Explanation:

From the question, we are informed that Z chooses a life income with 10 year period certain settlement option for the annuity Z owns and that Z dies after 15 years of receiving income benefit payments. Based on the above situation, Z's beneficiary receive will receive nothing.

This is because Z has already gotten the income benefits payment since it's for a 10 year period

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