Bảo hiểm nhân thọ nhóm & Niên kimCâu 704 / 716
In a fixed indexed annuity, a participation rate of 80% means the contract credits:
a.Nothing unless the index falls
b.A guaranteed 80% of every premium payment that the owner deposits into the contract
c.A guaranteed 80% return each year
d.80% of the index's gain, subject to any cap and floor
Giải thích
The participation rate is the share of the index's gain that is credited, so 80% credits 80% of the measured index increase, still limited by any cap and protected by the floor. It is not a share of premium or a guaranteed return.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- A withdrawal of taxable gain from a nonqualified annuity before age 59 1/2 is generally subject to:
- When determining the suitability of an annuity recommendation, a producer should consider the client's:
- Recommending a deferred annuity with a long surrender period to an elderly client who needs access to funds soon is a suitability concern because:
- In a QUALIFIED annuity funded entirely with pre-tax dollars, distributions are:
- A nonqualified annuity is funded with after-tax dollars, so at payout:
- Choosing a 'life with 10-year period certain' payout means the annuitant receives income for life, but if they die early, payments continue to a beneficiary:
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Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)