SOFE Accredited Financial Examiner AFE Question # 68 Topic 7 Discussion

SOFE Accredited Financial Examiner AFE Question # 68 Topic 7 Discussion

AFE Exam Topic 7 Question 68 Discussion:
Question #: 68
Topic #: 7

An annuity contract provides:


A.

Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a minimum guaranteed amount for those annuities not having life contingencies


B.

Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a minimum guaranteed amount for those annuities involving life contingencies


C.

Either immediately or at some future date, perpetual income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a maximum guaranteed amount for those annuities involving life contingencies


D.

Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain small number of payments


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