The Main Purpose of an Annuity Is to Protect Against

question 18

Multiple Choice

The main purpose of an annuity is to protect against:

• A) premature death
• B) outliving one's income
• C) growing old
• D) none of the above

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Definitions:

Equality

The state of being equal, especially in status, rights, and opportunities, promoting fairness and justice within society.

Due Process Clause

Constitutional guarantees that ensure fair treatment through the normal judicial system, especially as a citizen's entitlement.

Fourteenth Amendment

An amendment to the U.S. Constitution granting citizenship to all persons born or naturalized in the United States, including formerly enslaved people, and guaranteeing all citizens “equal protection of the laws.”

Bill Of Rights

The first ten amendments to the United States Constitution, guaranteeing certain rights and freedoms to American citizens.