Question
You are preparing a report for a client on investment in a segregated fund. The client would like to know the amount payable at death
You are preparing a report for a client on investment in a segregated fund. The client would like to know the amount payable at death under various scenarios. Which is the correct payout amount at death?
A.Death Benefit Guarantee: $10,000; Market Value at Death: $12,000; Amount payable at death: $12,000
B.Death Benefit Guarantee: $10,000; Market Value at Death: $9,000; Amount payable at death: $0
C.Death Benefit Guarantee: $10,000; Market Value at Death: $11,000; Amount payable at death: $1,000
D.Death Benefit Guarantee: $10,000; Market Value at Death: $8,000; Amount payable at death: $18,000
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