Examveda

Annuity belongs to

A. One where the annuity amount is fixed (guaranteed)

B. One where the annuity amount is variable (linked to investment performance)

C. Both A & B

D. None of the above

Answer: Option C

Solution (By Examveda Team)

Annuity belongs to one where the annuity amount is fixed (guaranteed) and one where the annuity amount is variable (linked to investment performance).

This Question Belongs to Commerce >> Insurance

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