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Question 1 of 21
1. Question
What is the trade-off when selecting a non-qualified annuity contract?
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Question 2 of 21
2. Question
Which of the following investments would double in value the fastest if they were all invested in the same rate?
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Question 3 of 21
3. Question
Generally, non-qualified annuities do not limit which of the following?
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Question 4 of 21
4. Question
In non-qualified contracts, when the owner dies during the accumulation phase, how much time is allowed for the distribution of the owners death benefit?
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Question 5 of 21
5. Question
Which of the following is a goal of careful annuity contract structuring and titling?
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Question 6 of 21
6. Question
Qualified plans within retirement plans function in what way?
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Question 7 of 21
7. Question
What is the name of a simple formula that is an easy way to show how long it will take one dollar to grow into two dollars in tax-deferred investments?
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Question 8 of 21
8. Question
What are the two phases of an annuity?
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Question 9 of 21
9. Question
An arrangement in which one payment buys two annuities is known as which of the following?
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Question 10 of 21
10. Question
A distribution option that allows a client to receive checks until the death of the annuitant and then give any remaining balance to the insurance company is known as which of the following?
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Question 11 of 21
11. Question
A distribution option that allows a surviving spouse to continue to receive payments after the other member of the marriage dies is known as which of the following?
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Question 12 of 21
12. Question
A distribution option that ensures at least a minimum payout, regardless of who dies when, is known as which of the following?
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Question 13 of 21
13. Question
A distribution option that pays until the annuitants death and then refunds any remaining investment value to a beneficiary is known as which of the following?
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Question 14 of 21
14. Question
Younger annuity owners have which advantage?
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Question 15 of 21
15. Question
Annuity owners under 59.5 years of age have which disadvantage?
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Question 16 of 21
16. Question
Seniors wishing to limit their risk should invest in which of the following?
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Question 17 of 21
17. Question
Individuals that want the highest returns should invest in which of the following?
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Question 18 of 21
18. Question
Which of the following should NOT be the focus of a senior citizens investment portfolio?
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Question 19 of 21
19. Question
Which of the following will completely cover a senior citizens long term care?
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Question 20 of 21
20. Question
Why is liquidity especially important for senior clients compared to other clients?
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Question 21 of 21
21. Question
Insurance sales should be which of the following?
