QuestionMay 25, 2025

Which type of annuity stops all payments upon the death of the annuitant?

Which type of annuity stops all payments upon the death of the annuitant?
Which type of annuity stops all payments upon the death of the annuitant?

Solution
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Answer

Life annuity Explanation 1. Identify the annuity type An annuity that stops all payments upon the death of the annuitant is known as a "life annuity."

Explanation

1. Identify the annuity type<br /> An annuity that stops all payments upon the death of the annuitant is known as a "life annuity."
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