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Question 1 of 4
1. Question
Which of the following are ways under which annuity interest crediting may be determined?
- an insurer’s periodic declaration of an interest rate
- use of an external index
- performance of a separate account
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Question 2 of 4
2. Question
Under a ___________, the insurer will reduce the value of the annuity if interest rates in the economy have increased.
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Question 3 of 4
3. Question
Ellen purchased a straight life annuity for $100,000 and died after receiving five periodic income payments of $1,500 each. How much can her beneficiary expect to receive under the annuity?
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Question 4 of 4
4. Question
Which of the following is generally considered the simplest annuity design?
