Which of the Following Defines an Annuity

question 102

Multiple Choice

Which of the following defines an annuity?

• A)For a fee, an insurance company provides you with regular income until you die.
• B)An extra fee charged to persons in dangerous occupations by life insurance companies.
• C)It's another name for stock funds managed by mutual fund managers.
• D)It's another name for any diversified portfolio.

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Definitions:

Validation

The acknowledgment or affirmation of the value or validity of something.

Reframe Problems

This refers to the process of changing the perspective on a given problem to find a new solution or pathway.

Family

Family is a social unit consisting of individuals related by blood, marriage, or adoption, often forming a single household and nurturing and caring for one another.

Couples Therapy

Group therapy involving married or unmarried couples whose major problem lies within their relationship.