Question
The rider sometimes attached to a variable annuity policy that guarantees that account value will be worth a certain minimum amount after a specified period
The rider sometimes attached to a variable annuity policy that guarantees that account value will be worth a certain minimum amount after a specified period of time is
A. the guaranteed minimum accumulation benefit (GMAB) rider
b. the guaranteed minimum income benefit (GMIB) rider
c. the guaranteed minimum withdrawal benefit (GMWB) rider
d. the guaranteed lifetime withdrawal benefit (GLWB) rider
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Advanced Finance
Authors: Michael Fardon
1st Edition
1872962319, 1872962173, 978-1872962313, 978-1872962177
