Solution-What is the death benefit payout

What is the death benefit payout

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Question - The guaranteed amount of Harry's segregated fund is $100,000. His wife is the plan's beneficiary. Harry passes away two years later. What would his wife receive in the following cases?

a) If the plan was worth $125,000 at the time of Harry's death, what is the death benefit payout?

b) If the plan was worth $60,000 at the time of Harry's death, what is the death benefit payout?

c) If the plan was worth $100,000 at the time of Harry's death, what is the death benefit payout?

Reference no: EM133155294

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What is the death benefit payout

Reference no: EM133155294

Reference no: EM133155294

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