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FINAL EXAM CALIFORNIA CA LIFE, ACCIDENT, AND HEALTH INSURANCE (100% SCORES)

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FINAL EXAM CALIFORNIA CA LIFE, ACCIDENT, AND HEALTH INSURANCE (100% SCORES) What distinguishes a deferred annuity from an immediate annuity? - CORRECT ANSWER-The time at which benefit payments start Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? - CORRECT ANSWER-60 payments What is a common reason people purchase an annuity? - CORRECT ANSWE...

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  • geupload  27-01-2024
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