________ Are Contracts with the Insurer Which Provide for Periodic

question 26

Multiple Choice

________ are contracts with the insurer which provide for periodic payments over a specified period or in specified amounts. In most respects they are administered and accounted for much like supplementary contracts without life contingencies since there are no mortality or morbidity considerations that affect the amount to be paid.

• A) Mixed stream
• B) Annuities certain
• C) Annuities due
• D) Ordinary Annuities

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Definitions:

Product Bundle

A sales approach that bundles multiple items together as a single packaged offering.

Packaging

The process of designing and producing containers or wrappers for a product.

Communication Benefits

The advantages gained from effectively sharing and exchanging information between parties, enhancing understanding and efficiency.

Self-Realization Benefits

Advantages gained from products or services that help individuals achieve their full potential or personal goals.