Which type of annuity guarantees a stated number of income payments, whether or not the annuitant is still alive to receive them?

Insurance

Are you looking for the correct answer to the question “Which type of annuity guarantees a stated number of income payments, whether or not the annuitant is still alive to receive them?”? 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.

Which type of annuity guarantees a stated number of income payments, whether or not the annuitant is still alive to receive them?

Options

a) Life annuity certain
b) Secure life annuity
c) Irrevocable survivor annuity
d) Guaranteed life annuity

Answer: a) Life annuity certain

The above question Which type of annuity guarantees a stated number of income payments, whether or not the annuitant is still alive to receive them?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.