You will receive the largest monthly payment under an annuity contract when the selected payment option is the

Name: You will receive the largest monthly payment under an annuity contract when the selected payment option is the
Brand: Quizplus
Rating: 5.0 (45 reviews)

Question

Quizplus · Accepted Answer

A life annuity with no refund provides the largest monthly payment because it is based solely on the life expectancy of the annuitant without any guarantees for beneficiaries, allowing the insurer to offer higher payments.

You Will Receive the Largest Monthly Payment Under an Annuity