Which of the Following Is an Advantage of a Longevity

question 43

Multiple Choice

Which of the following is an advantage of a longevity annuity?

• A)Death benefits are paid to a beneficiary if death occurs during the deferral period.
• B)It is an immediate annuity.
• C)Monthly benefits begin at an advanced age when other assets are likely to have been depleted.
• D)The policyowner has unrestricted access to the funds during the deferral period through loans and cash withdrawals.

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