Bảo hiểm nhân thọ nhóm & Niên kimCâu 432 / 716
A flexible-premium annuity is always a:
a.Deferred annuity
b.Variable annuity
c.Immediate annuity
d.Fully paid-up-at-issue annuity
Giải thích
A flexible-premium annuity is funded with a series of payments made over time, which necessarily requires an accumulation period, so it must be a deferred annuity. An immediate annuity is funded by a single lump sum and begins paying right away, so it cannot accept flexible ongoing premiums. Being variable or fixed describes how funds are invested, not the payment timing. Any contract that accepts ongoing deposits is deferred by definition.
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Câu hỏi liên quan cùng chủ đề
- An annuitant selects a 'straight life' (life-only) annuity payout option. What is the main trade-off of this choice?
- In an annuity contract, the person whose life expectancy is used to determine the income payments is the:
- An annuity primarily protects an individual against the risk of:
- In a fixed annuity, the premiums are held in the insurer's:
- During the accumulation phase of a variable annuity, the owner's payments purchase:
- During the payout phase of a variable annuity, the number of annuity units is generally fixed, yet the payment amount varies because:
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Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)