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IFSE Institute Life License Qualification Program LLQP Question # 64 Topic 7 Discussion

LLQP Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7

(Gregory and Vanessa married at an early age and had three children, who are now in their forties: Eve, Rick and Max. When the couple retired five years ago, they purchased a joint life annuity. They also had a will drawn up naming the three children as equal beneficiaries of their estate. The will specifies that Eve will act as executor of the estate.

Last week, Gregory and Vanessa both died in a car accident.

Who could make a death claim as regards the annuity?)


A.

Eve


B.

Rick and Max


C.

Eve, Rick and Max


D.

No claim can be made


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