IIA
IIA-CFSA · Question #105
"A special type of annuity that involves a contract between the annuitant and insurer in which insurer credits the annuity account with return amounts based on changes in an equity index such as the…
The correct answer is D. Equity indexed annuity. See the full explanation below for the reasoning.
Question
“A special type of annuity that involves a contract between the annuitant and insurer in which insurer credits the annuity account with return amounts based on changes in an equity index such as the S&P500 (composite price index),” is:
Options
- APrice indexed annuity
- BVariable index annuity
- CStock indexed annuity
- DEquity indexed annuity
How the community answered
(51 responses)- A8% (4)
- B4% (2)
- C14% (7)
- D75% (38)
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