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This question belongs to Commerce Insurance

Insurance

?

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 & Solution

Correct Answer: Option C

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

Question posted by Examveda

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