Multiple Choice
An installment-refund annuity:
A) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the premium
B) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the excess interest
C) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the liquidation value
D) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the structured settlement premium
Correct Answer:
Verified
Correct Answer:
Verified
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