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IIA-CFSA · Question #103

IIA-CFSA Question #103: Real Exam Question with Answer & Explanation

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Question

"Insurers guarantee a minimum rate of interest dunning the time that the account is growing and periodic payment amounts of a specified amount for a stated period (either specific period 10 years indefinite period etc)." This statement is related to:

Options

  • AVariable annuities
  • CTerm period annuities
  • DFixed annuities

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