A beneficiary who wants to let the death benefit accumulate and receive only the monthly investment proceeds should choose which settlement option?

Choosing the interest option as a settlement method allows the beneficiary to have the death benefit accumulate while receiving only the investment earnings generated from that amount. Under this option, the principal sum remains intact, and the beneficiary receives regular interest payments without depleting the original death benefit.

This approach can be advantageous for beneficiaries who wish to maintain their financial security by leaving the principal intact and enjoying the benefits of interest income. It contrasts with other options, such as the cash option, which provides a lump-sum payment immediately, and the life income option, which converts the death benefit into a regular income stream for the lifetime of the beneficiary. The fixed amount option, while also providing periodic payments, utilizes a specific amount of the principal, eventually diminishing the total death benefit over time.

Therefore, the interest option is specifically designed for those who want the death benefit to continue growing while still receiving periodic earnings.