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

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



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


Answer: a) Life annuity certain

Popular posts from this blog

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need:

The insured under a $100,000 life insurance policy with a triple indemnity rider for accidental death was killed in a car accident. It was determined that the accident was his fault. The triple indemnity rider in the policy specifies that the death must not be contributed to by the insured in any manner. In this case, what will the policy beneficiary receive?