Ask Question
BusinessBusiness
2 February, 05:43

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

+2
Answers (1)
  1. 2 February, 05:53
    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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Assume the following information for Jones Company: Deluxe Chair: Contribution margin per chair $90 Machine hours to produce 1 chair 3 hours Executive Chair: Contribution margin per chair $100 Machine hours to produce 1 chair 5 hours Machine hours
Answers (1)
Gienuine Products Inc. requires a new machine. Two companies have submitted bids, and you have been assigned the task of choosing one of the machines.
Answers (1)
Consider the statement: "Even if a firm is losing money, it may be better to stay in business in the short run." This statement is true, if the loss is less than variable costs. false, because it could be better to stay in business in the long run.
Answers (1)
What market is used to offer new stock to the public for the first time?
Answers (1)
Q 1.22: coleman camping supplies decided to use cash to purchase a new tent sewing machine. it will effectively double their ability to produce tents. how will this purchase affect coleman's operating activities?
Answers (1)
New Questions in Business
On January 1, Whispering Winds Corp. had 90,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following occurred. Apr.
Answers (1)
On a 3-day fishing trip, 4 adults consumed food costing $60. for the same costs per person per day, what would be the cost of food consumed by 7 adults during a 5-day fishing trip?
Answers (1)
Mona and her friends Jack and Bobby, all United States citizens, want to open a nail salon in Tennessee. They would all like to avoid personal liability for debts of the business and for wrongful acts of each other.
Answers (1)
Determine the amount of tax liability in the following situations. In all cases, the taxpayer is using the filing status of married filing jointly.
Answers (1)
Conversion occurs when a person or event is the catalyst for implementing major changes for a system to meet business changes.
Answers (1)
Home » Business » Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?
Sign Up Forgot Password?