How long will income benefit payments continue under a life annuity with ten years certain?

Comprehensive and Detailed Step by Step Explanation:A life annuity with aten years certainprovision guarantees payments for at least ten years. If theannuitant dies before the end of ten years, payments continue to the beneficiary for the remainder of the period.

Until the annuitant dies, or for ten years, whichever is longer (A):Ensures payments for life with a minimum ten-year guarantee.

Until the annuitant dies, and for an additional ten years (B):Incorrect; payments cease after the guaranteed period or the annuitant’s lifetime.

Only until the annuitant dies (C):Incorrect; the ten-year guarantee applies.

Only for ten years (D):Incorrect; payments continue if the annuitant outlives the guaranteed period.

References:Maryland Annuity Payout Options Guidelines, COMAR 31.09.08.