Are you looking for the correct answer to the question “Ron recently purchased an immediate, straight life fixed annuity. His benefit payments will”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.
Ron recently purchased an immediate, straight life fixed annuity. His benefit payments will
discontinue after a stated number of years
remain a constant dollar amount for the duration of the annuity period
pay a lump sum if the annuitant dies
vary according to the underlying investment performance
Answer: remain a constant dollar amount for the duration of the annuity period
The above question Ron recently purchased an immediate, straight life fixed annuity. His benefit payments will, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
