What is the disadvantage of selecting the life income settlement option?

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What is the disadvantage of selecting the life income settlement option?

Answer: If the beneficiary dies shortly after the payments begin, the balance of the principal will be forfeited.

The above question What is the disadvantage of selecting the life income settlement option?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.

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