Insurers offering variable annuities charge a number of fees and expenses. One category of fees and ...

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Insurers offering variable annuities charge a number of fees and expenses. One category of fees and ...

Insurers offering variable annuities charge a number of fees and expenses. One category of fees and expenses is charged to cover the cost of record keeping, paperwork, and periodic reports to annuity owners. This expense is the
A) investment management charge.
B) surrender charge.
C) administrative charge.
D) front-end load.

Textbook

Principles of Risk Management and Insurance

Edition: 12^th

Authors: Rejda, McNamara

Read 88 times

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chouri Author

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