Which of the following is characteristic of a fixed annuity? (9)?

Question: a. Payments vary according to the performance of a separate account

b.Contract owner bears the investment risk

c.Choice of investment funding options

d. Contract supported by the company's general account

---

Studying for the insurance exam?

The answer is (D).

It makes FIXED payments to the OWNER, the COMPANY bears the investment RISKS, and you do NOT have a choice of funding options (the company decides - they are taking the risk)

---

More Questions & Answers...

Why has the U.S. continued a "demand-side" war on drugs in light of poor results?

Thinking of property investment. Anyone heard of a company called INSIDE TRACK?

Investing question?

What should i do with the rest of my life?

How are foreign investors taxed when they buy US stocks?

What's the best way to buy gold?

16 year old looking for a career in business/finance need advice?

Why do people invest in gold?