Annuities

f

\ Annuities for Today's Investor, 1st Edition, 3rd Revision Online Certification Exam\

00:23:00

\ Test Id: 2776\ Re Question #12 of 25\ Question ID: 54\ In:\ Eli paid

$10,000

for a variable annuity this year and chose to invest one-third of the premium in the insurer's fixed account and the remainder in a stock

f

in the separate account. What type of annuity has Eli purchased?\ Atte\ A) A deferred annuity\ B) A refund annuity\ C) A fixed annuity\ D) A combination annuity\ Check for Review

Eli paid $10,000 for a variable annuity this year and chose to invest one-third of the premium in the insurer's fixed account and the remainder in a stock f in the separate account. What type of annuity has Eli purchased? A) A deferred annuity B) A refund annuity C) A fixed annuity D) A combination annuity