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This question belongs to Commerce Insurance

Insurance

?

In relation to annuities, what does “liquidation period” refer to?

A) Period between the purchase of annuity and commencement of payments B) Period during which the insurer makes annuity payments C) Time taken to build up the corpus D) Insolvency period

Answer & Solution

Correct Answer: Option B

“Liquidation period” refer to period during which the insurer makes annuity payments.

Question posted by Examveda

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