IIA
IIA-CFSA · Question #100
IIA-CFSA Question #100: Real Exam Question with Answer & Explanation
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Question
When the maturity date of the annuity arrives, the insurer begins making a series of payment to the annuitant over a stated period (Known as__________).
Options
- AAccumulation period
- BLump-sum payment period
- CPayment release period
- DPay-out period
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