Annuity – Webce Questions And Answers 100% Guaranteed Success.
0 view 0 purchase
Course
Annuity - WebCE
Institution
Annuity - WebCE
Annuity – Webce Questions And Answers 100% Guaranteed Success.
Annuitization is - correct answer. Accumulated values are converted into a stream of periodic income payments.
How often can payments of annuities be paid out? - correct answer. A specified term of years, for...
Annuity – Webce Questions And Answers
100% Guaranteed Success.
Annuitization is - correct answer. Accumulated values are converted into a stream of
periodic income payments.
How often can payments of annuities be paid out? - correct answer. A specified
term of years, for life, or a combination of the two.
What is the reason (how has a consumer's priorities and needs shifted) that annuities
are well suited for late-life retirement planning? - correct answer. When a consumer
priorities and needs typically shift from asset accumulation to income distribution
What is the start date range for deferred income annuities? - correct answer.
Anywhere from 13 months to 40 years in the future.
What is the age that Deferred Income Annuities' income start date cannot extend past?
- correct answer. 85 years old.
What are Surrender Charges? - correct answer. Fees the insurer assess for early
withdrawals or contract surrenders.
What is a Withdrawal Fee? - correct answer. when less than the full contract value
is taken.
What are the two approaches for insurers to determine the surrender charge?
What are other ways? - correct answer. 1) Account Value Method
2) Premium Deposit Method
3) Market Value Adjustments
4) Premium Tax
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller techgrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.