Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens if the Planholder dies before the end of their Plan?

April 26, 2017happens Plan planholder

0

Posted

What happens if the Planholder dies before the end of their Plan?

1 Answer

0

Posted

The annual payments from the Plan stop when the Planholder dies. However, if at the time of death the Planholder has not received payments at least equal to the original investment, then the difference will be paid to the executors, assignees or trustees of their estate.