Does A Variable Annuity Have A Death Benefit?

1. 

   0 POINTS

   

   Contact Head Librarian Contact Head Librarian by filling out the form below

   
   Name
   

   
   Email
   

   
   Phone Number
   

   
   Message
   

   Please leave this field empty.
   

   Δ

   Contact Me

   view profile
   Head Librarian

   InsuranceLibrary.com, South Dakota

   Annuities of all types are insurance contracts written by insurance companies. The death benefit of an annuity is usually the accumulated value of the contract but it passes to beneficiaries in the same way that life insurance proceeds pass. Taxation of the proceeds is another matter and you should consult with an accountant concerning about that .

   Answered on September 16, 2014

   +0

   1 0

   +1 this answer

   flag this answer

   view more answers by Head Librarian
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.