Many investors prefer to receive variable annuity payments under the straight-life payout option because it:______.

Answer

It provides the highest monthly payout amount.

Q: What is a straight-life payout option in variable annuity? A: A straight-life payout option in variable annuity is an option where the annuitant receives payments until their death.
Q: Why do some investors prefer this option for variable annuity payments? A: Some investors prefer this option for variable annuity payments because it provides the highest monthly payout amount.