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Is life insurance paid out in a lump sum 2024?

Ethan Martinez | 2023-05-07 11:59:07 | page views：1883
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Benjamin Lewis

Works at the International Seabed Authority, Lives in Kingston, Jamaica.
Annuity option, where the proceeds and the interest are used to provide regular payments to the beneficiary for the remainder of his or her life. Lump sum, where the life insurance company pays the total amount of the benefit in one single payment at the death of the insured.
2023-05-07 11:59:07
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Ethan Gonzalez

QuesHub.com delivers expert answers and knowledge to you.
Annuity option, where the proceeds and the interest are used to provide regular payments to the beneficiary for the remainder of his or her life. Lump sum, where the life insurance company pays the total amount of the benefit in one single payment at the death of the insured.
Lump-sum payments and life insurance death benefit - AXA Equitable
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