answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Do heirs get the benefit of the annuity if both parties die?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is better a full survivor annuity or a single annuity?

It depends on what you are wanting to accomplish. If you want to make sure both parties receive an income even after the death of one of the parties then the survivor annuity is your option. If you are not worried about future payments after the death of the fist party then utilize the single annuity.


How is a defined benefit retirement plan different from an annuity plan?

A defined benefit plan is one that your employer pays for over the period of time you are employed with them. An annuity plan is a program that you invest in for your retirement. Both are payable at the time of your retirement. Defined plan is a fixed amount. Annuity depends on the terms of your contract.


The symbiotic relationship in which both participating parties benefit is called commensalism?

The symbiotic relationship in which both participating parties benefit is called mutualism. When one organism benefits and the other organism is harmed it is called parasitism.


A clownfish and a sea anemone both benefit from being together Their relationship could be described as?

Mutually beneficial. It is a type of symbiotic relationship in which both parties benefit.


If a divorce is uncontested would it benefit both parties involved to have different lawyers?

If it is uncontested it would benefit both party's not to share their money wit any lawyers.


In joint ownership if both parties are decease with no legal heirs or will how can the property be put in some else name?

If the parties truly have no heirs, it should escheat to the state. If it is real property, someone must pay the ad valorem tax on it each year. If no one does, then the tax authorities will foreclose, and it can be purchased at the foreclosure sale.


A form of symbiosis in which both organisms benefit is called?

The symbiotic relationship in which both participating parties benefit is called mutualism. This is an interdependence for of relationship which is common in the ecosystem.


What happens in a symboiotic relationship?

A symbiotic relationship is one in which both parties benefit. "You scratch my back; I scratch yours."


How does this alliance benefit both parties?

They both get help from each other and they share victories, but idk because im only 14 but it makes since to me :P


What type of annuity credits an individual with a return that is based on changes is an index?

This would be called an indexed annuity or an equity indexed annuity both meaning the same thing.


What type of annuity credits an individual with a return that is based on changes in an index?

This would be called an indexed annuity or an equity indexed annuity both meaning the same thing.


Is there a difference between a life annuity and an insurance annuity?

There isn't a real difference between life annuity and an insurance annuity. Both are a form of life insurance and deal with the same issues. I would go with either one.