Joint Life Last Survivor with Return of Purchase Price on Last Death: Under this option, the annuity shall be paid
at a constant rate till either of the annuitant and spouse are alive.
Joint Life, Last survivor with 100 % annuity to the secondary annuitant on death of the primary annuitant with Return of 100 % of purchase price on the death of the last survivor: The annuity installments are payable
at a constant rate till survival of any one of the two annuitants.