If an Annuity Plan Is Designed So That the Monthly

question 72

Multiple Choice

If an annuity plan is designed so that the monthly payment is adjusted by the actual investment experience of the insurer,it is

• A)a fixed dollar annuity.
• B)an equity annuity.
• C)a variable annuity.
• D)an uncertain annuity.
• E)a temporary annuity.

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Definitions:

Compromise

A method of resolving disagreements where all parties make concessions to reach a mutually acceptable decision.

Concedes

The act of acknowledging or yielding to another's point, request, or judgment, often after a period of resistance or dispute.

Compromising

A conflict resolution strategy where each party gives up something to reach a mutually acceptable solution.

Satisfied

The state of being content or fulfilled with a situation, outcome, or transaction.