Which of the Following Statements Is (Are)true About a Longevity

question 28

Multiple Choice

Which of the following statements is (are) true about a longevity annuity?
I.Longevity annuities are low-cost because there are usually no cash values or death benefits in the policy.
II.Longevity insurance is an example of an immediate annuity.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Harlow

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