How Do Annuity Death Benefits Work?
August 31, 2023 by Roger Wohlner
Annuities are primarily known for their living benefits, but in many cases, they can offer a death benefit to the contract holder’s beneficiaries. If your client has an annuity or is considering investing in one, it’s important to review the contract’s death benefit options with them. Not all annuities have a death benefit.
What Is an Annuity Death Benefit?
An annuity death benefit is a payment made to the beneficiary of an annuity contract holder upon their death.
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Originally Posted at ThinkAdvsior on August 28, 2023 by Roger Wohlner.
Categories: Industry Articles