Answer:
B. 4 years
Explanation:
Based on the information given about Tom in which we were been told that he elects the Life Income with a 10 year settlement option in which Tom dies in year 6, this means that
the beneficiary receives payments for 4 years calculater as:
Life Income 10 year Period- The year it took Tom to die which is year 6 which will eventually give us 4 years.
Therefore beneficiary receives payments for 4 years.
