100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY NEWEST ACTUAL QUESTIONS AND VERIFIED SOLUTIONS|ALREADY GRADED A+ 100%TUTOR VERIFIED $13.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. 214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY
  4.  
  5. 214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY

Exam (elaborations)

214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY NEWEST ACTUAL QUESTIONS AND VERIFIED SOLUTIONS|ALREADY GRADED A+ 100%TUTOR VERIFIED

1 review
 15 views  0 purchase
  • Course
  • 214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY
  • Institution
  • 214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY

214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY NEWEST ACTUAL QUESTIONS AND VERIFIED SOLUTIONS|ALREADY GRADED A+ 100%TUTOR VERIFIED

Preview 2 out of 12  pages

Document information

  • May 18, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • 214 florida insurance life and variable annuity
  • 214 florida insurance life and variable
  • 214 florida insurance life and

Written for

  • 214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY
  • 214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY

1  review

review-writer-avatar

By: WORLDNURSE • 5 months ago

Seller

avatar-seller
NurseShanit

Reviews received

Content preview

214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY NEWEST 2024-2025
ACTUAL QUESTIONS AND VERIFIED SOLUTIONS|ALREADY GRADED A+
100%TUTOR VERIFIED




variable annuity - ANSWER-there is no guarantee of the dollar amount of the
payments, they fluctuate according to the value of an account vest primarly in
common stocks


join and survivor annuity - ANSWER-covers two or more lives and contiunes in
force so long as any one of them survives


period certain annuity - ANSWER-annuity imcome option that guarantees a
definite minimum peroid of payments


life annuity - ANSWER-payable during the continued life of the annuitant. No
provision is made for the guaranteed return of the unused portion of the
premium


installment refund annuity - ANSWER-annuity income option that provies for
the funds remaing at the annuiants death to be paid to the beneficiary in the
form of continued annity payments


immediate annuity - ANSWER-only be purchased with single payment. provides
payment of annuity benefit at one payment interval from date of purchase

, equity indexed annuities (EIA) - ANSWER-fixed annuity that offers the potential
for higher credited rates of return that their traditional counterparts but also
guarantee the owners principal


deferred annuity - ANSWER-provides postponment of the commencemnt of an
annity until after a specified peroid or until the annuiant attains a certain age.


annuiant - ANSWER-one to who an annuity is payable, or a person upon the
contiuance of whoes life further payment depends


accumulation period of an annuity - ANSWER-the time during which funds are
being paid into the annuity


payout (annuity period) - ANSWER-the point at which the annuity ceases to be
an accumulation vehicle and beings to generate benefit payments on a regular
basis.


funding method of annuity - ANSWER-single lump-sum payment or periodic
payment over time


principal sum - ANSWER-beginning sum of money


single-premium deferred annuities - ANSWER-annuities funded with single
premiums


assigment provision - ANSWER-sets forth the procedure necessary for
ownership transfer
*transfer is known as assignment
*new owner is the assignee

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 NurseShanit. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71498 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.99
  • (1)
  Add to cart