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In Nathan and his wite Ruth are in the payout phase of a joint-and-survivor annuity. Nathan dies. Which of the following statements is corect? tel

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In Nathan and his wite Ruth are in the payout phase of a joint-and-survivor annuity. Nathan dies. Which of the following statements is corect? tel O A) The benefit payments that were being made to Nathan and Ruth will cease and the remaining value of the annuity will be paid in a lump sum to Ruth B) Benefit payments, which do not begin under a joint-and-survivor annuity until one of the annuitants dies, will now begin to be paid to Ruth C) The benefit payments that were being made to Nathan and Ruth will cease with nothing further payable by the insurer OD) The benefit payments that were being made to Nathan and Ruth will continue to be paid to Ruth until she dies

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