If an individual dies before deferred annuity payments can begin, who receives the annuity payments?

Question

Quizplus · Accepted Answer

If an individual dies before deferred annuity payments can begin, the beneficiary to the contract is paid the cash value of the contract. The beneficiary of the contract is established when the contract is written. This person will receive payments from the annuity if the purchaser dies prematurely.

If an Individual Dies Before Deferred Annuity Payments Can Begin