The Life-Income-With-Period-Certain Option Guarantees a Specified Number of Settlement Payments

question 106

True/False

The life-income-with-period-certain option guarantees a specified number of settlement payments that are passable to secondary beneficiaries.

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Definitions:

Egg Donor

A woman who provides one or several of her eggs (oocytes) to another person or couple for reproductive purposes, usually as part of a fertility treatment process.

Host Mother

A surrogate mother who carries and gives birth to a child on behalf of another person or couple, typically involving a legal agreement.

Multiple Pregnancy

A pregnancy condition where more than one fetus is developing in the womb simultaneously.

Miscarriage

The spontaneous loss of a pregnancy before the fetus is able to survive independently, typically before 20 weeks of gestation.