SUN LIFE GUARANTEED INVESTMENT FUNDS CONTRACT …
issued to the estate, which could be used to reduce the tax payable on the deceased’s final tax return. 6 SUN LIFE GUARANTEED INVESTMENT FUNDS Beneficiary designations A beneficiary designation is a very important part of an insurance contract. When a proper beneficiary designation is in place, the death benefit is paid to the named beneficiary(ies) when the last surviving annuitant dies. NAMING A … ................
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