IIA
IIA-CFSA · Question #103
"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…
The correct answer is D. Fixed annuities. See the full explanation below for the reasoning.
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
How the community answered
(45 responses)- A7% (3)
- C16% (7)
- D78% (35)
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