Since Justin’s annuity had no guaranteed period and no survivor benefit, payments stop at death. Thus, no death claim can be made.
Exact Extract:
"For a single life annuity with no guarantee period, payments cease upon the death of the annuitant, and no death claim can be made."
(Reference: Segfunds-E313-2020-12-7ED, Chapter 3.2.2.1 Single Life Contract【49:4†Segfunds-E313-2020-12-7ED.pdf**)
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