Investment VehiclesPregunta 85 de 100
A fixed annuity is characterized by:
a.Investment risk borne entirely by the contract holder
b.Values tied to equity subaccounts
c.A guaranteed minimum interest rate and fixed payments backed by the insurer
d.FDIC insurance
Explicación
A fixed annuity provides a guaranteed minimum interest rate and fixed payments, with the insurer bearing the investment risk from its general account. Because there is no investment risk to the holder, a fixed annuity is generally an insurance product, not a security. Its guarantees depend on the insurer's claims-paying ability.
Practica las 100 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- A call option gives the holder the right to:
- A put option is generally used by an investor who:
- A variable annuity's separate account value during the accumulation phase:
- A real estate investment trust (REIT) that qualifies for favorable tax treatment must generally:
- An investor seeking exposure to a diversified basket of bonds with professional management and daily liquidity would MOST likely choose:
- Treasury securities are generally considered to have virtually no:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con NASAA Series 66 Uniform Combined State Law Exam · Cómo revisamos