Which of the Following Is a Characteristic of a Longevity

question 50

Multiple Choice

Which of the following is a characteristic of a longevity annuity (longevity insurance) ?

• A) payment of the face value of the policy at age 100
• B) forfeiture of the purchase price if the annuitant dies during the deferral period
• C) cash value can be borrowed or recouped through a nonforfeiture option
• D) high-cost annuity compared to other life annuities

---

Definitions:

Reciprocal Relationships

A mutual interaction or exchange between parties where each benefits or is influenced by the actions of the other.

Dialectical Philosophers

Thinkers who use the dialectical method of logic, reasoning, and contradiction to explore and understand philosophical issues.

Causality

The relationship between cause and effect where one event leads to the outcome of another.

Symbolically Powerful

Describes entities or concepts that hold significant influence or power within a culture or society through symbolic meaning or representation.