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4-Hour Annuity Suitability And Best Interest Standards Exam Webce Questions And Answers 100% Verified. $10.49   Add to cart

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4-Hour Annuity Suitability And Best Interest Standards Exam Webce Questions And Answers 100% Verified.

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4-Hour Annuity Suitability And Best Interest Standards Exam Webce Questions And Answers 100% Verified. For whom is joint ownership of an annuity often reserved? - correct answer. spouses At what point does the beneficiary to an annuity acquire rights in the contract? - corr...

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  • November 4, 2024
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4-Hour Annuity Suitability And Best
Interest Standards Exam Webce
Questions And Answers 100% Verified.



For whom is joint ownership of an annuity often reserved? - correct answer.
spouses

At what point does the beneficiary to an annuity acquire rights in the contract? - correct
answer. (Wrong) upon contract issue and throughout the life of the contract, until the
death of the contract owner or annuitant

Generally speaking, how long is the accumulation period for immediate annuities? -
correct answer. one month to one year

For which of the following needs are traditional deferred annuities best suited? - correct
answer. retirement planning

For what reason would an individual choose a variable annuity over a fixed annuity? -
correct answer. for the potential to earn greater contract growth

At the time he purchased his variable annuity, Ahmed directed $5,000 of his premium
into Subaccount A when the unit value was $10. A year later, the unit value had
increased to $15. Assuming he made no additional premium deposits, what is the value
of Ahmed's investment in Subaccount A now? - correct answer. $7,500

For most indexed annuities, what is the specified floor? - correct answer. 0 percent

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