Under the laws of many states, half-blood relatives inherit the same as whole-blood relatives.

Give an example of a single attribute-specific guarantee

What will be an ideal response?

Agnes and Mary Clare, two elderly sisters, own an annuity covering both of their lives. The annuity pays benefits to them until the first sister dies, then the annuity terminates. Agnes and Mary Clare own a(n)

A) flexible premium annuity. B) joint life annuity. C) longevity annuity. D) joint-and-survivor annuity.