Ask Question
BusinessBusiness
13 November, 15:24

Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?

+5
Answers (1)
  1. 13 November, 18:58
    0
    The annuity payout option that allows the policyowner to choose a pre-determined number of benefit payments is known as an Annuity Certain. Which is a financial instrument that provides a stream of payments, for a predetermined number of years. If the annuitant dies before the payment term ends, an annuity certain will continue a stream of payments remitted to the annuitant's beneficiary or estate.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Some of Intel's financial statement data includes: 2015 2016 Total assets 105,000 125,000 Net income 10,000 11,000 Sales 95,000 100,000 Equity 30,000 32,000 Compute Intel's return on equity (ROE) for 2016.
Answers (1)
Why do consumers benefit from free trade and the resulting competition between businesses?
Answers (1)
A Treasury bond that matures in 20 years has a yield of 8%. A 20-year corporate bond has a yield of 11%. Assume that the liquidity premium on the corporate bond is 1.0%. What is the default risk premium on the corporate bond? a. 0.50% b. 1.75% c. 1.
Answers (1)
Frisco company's merchandise inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,900 of inventory exists. the adjusting entry to record this $215 of inventory shrinkage is:
Answers (1)
How would an increase in the labor force affect the revenues collected by the federal government?
Answers (1)
New Questions in Business
Highland green is a group of luxury hotels that caters exclusively to high-end customers who form a small part of the market. the hotel has incorporated all possible luxuries to satisfy these customers.
Answers (1)
Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00 at the end of each quarter and then pay off the principal amount at the end of the year.
Answers (1)
The major contribution of the Miller model is that it demonstrates that a. financial distress and agency costs reduce the value of using corporate debt. b. personal taxes increase the value of using corporate debt. c.
Answers (1)
What measures the change in prices of a basket of goods and services in a given year?
Answers (1)
What proportion of all african american adults works at white-collar jobs today?
Answers (1)
Home » Business » Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?
Sign Up Forgot Password?