The portion of the principal and interest of an annuity that has not been paid to the annuitant prior to death is the ____ benefit.

Question

Quizplus · Accepted Answer

The survivorship benefit is the portion of the principal and interest of an annuity that has not been paid to the annuitant prior to death. This benefit is paid to the named beneficiary of the annuity. The other options are not applicable to this situation.

The Portion of the Principal and Interest of an Annuity