Chapter 5

अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!

which of the following is a feature of variable annuity

benefit payment amounts are not guaranteed

under a straight life annuity, if the annuitant dies before the principal amount is paid out, the beneficiary will receive

nothing; the payments will cease

which of the following is true regarding a waiver of a surrender charge on an annuity contract

the charge may be waived if the annuitant is confined to a long-term care facility for at least 30 days.

who bears all of the investment risk in a fixed annuity?

the insurance company

Which of the following is a short-term annuity that limits the amounts paid to a specific fixed period or until a specific fixed amount is liquidated

annuity certain

which of the following ultimately determines the interest rates paid to the owner of a fixed annuity

insurer's guaranteed minimum rate of interest


संबंधित स्टडी सेट्स

People History 1 Unit test 4 ch13-16

View Set

What was the underlying cause of WW1

View Set

Mosby Chapter 4 - Image Production (Digital Image Acquisition)

View Set

Art and Science of Medicine Quiz Qs

View Set

Chapter One Quiz Scrum Master Cert Training

View Set