Kristi purchases an annuity that will pay her husband an income for 15 years. if he dies, this income will become payable to the

Question

Valentin [98]

3 years ago

7

Kristi purchases an annuity that will pay her husband an income for 15 years. if he dies, this income will become payable to the

ir children for the remainder of the period. kristi has what kind of annuity

Business

1 answer:

Elis [28] · Answer 1 · 2022-03-07T03:42:02+03:00

The asnwer is Temporary annuity certain
Temporary annuity certain refers to the type of annuity that provides payments for the beneficiarie for a predetermined number of years.
Temporary annuity certain will give payments remitted to the annuitant's beneficiary if the buyer deceased before the end of the agreement.