If a beneficiary wants to make sure that the life insurance proceeds being paid out are not exhausted before he or she dies,the beneficiary would choose which of the following settlement options?

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With income for life, the beneficiary will receive a guaranteed income for the rest of their life, ensuring that the funds are not exhausted before their death. Interest income also allows the beneficiary to receive a regular income while preserving the principal. Both options provide a level of security for the beneficiary by ensuring a steady income stream without depleting the funds too quickly.

If a Beneficiary Wants to Make Sure That the Life