IIA
IIA-CFSA · Question #105
IIA-CFSA Question #105: Real Exam Question with Answer & Explanation
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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
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