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JamesLu JamesLu
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7 years ago
Which of the following statements about variable annuities is true?
A) The periodic payments received by the annuitant are fixed.
B) Variable annuities typically provide a guaranteed death benefit payable to a beneficiary if the annuitant dies prior to retirement.
C) Insurers offering variable annuities are not permitted to charge administrative fees.
D) Although the value of annuity units fluctuates, accumulation units have a fixed value.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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JamesLu Author
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7 years ago
Thank you
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