If an Annuity Plan Is Designed So That the Monthly

question 44

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(n) :

• A) guaranteed-minimum annuity.
• B) equity annuity.
• C) variable annuity.
• D) uncertain annuity.
• E) temporary annuity.

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Definitions:

Active Voice

A sentence structure where the subject performs the action of the verb directly, making the communication clearer and more direct.

Hedging Sentence

A type of statement that introduces uncertainty or lessens the impact of an assertion, often used to mitigate risk in communication.

Forecasting

The process of making predictions about future events or trends based on historical data and analysis.

Adverbs

Words that modify verbs, adjectives, or other adverbs, typically expressing manner, place, time, frequency, degree, level of certainty, etc.