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Commerce · Q326

Insurance

Graduate and Post Graduate · Commerce · question 326

Q326

Who bears the investment risk in a fixed benefit annuity?

A.
Insurer
Answer
B.
Insured
C.
State
D.
Risk pool

Answer: Option A

Solution

Answer: Option A
Solution:
Insurer bears the investment risk in a fixed benefit annuity. The annuitant bears the investment risk in a variable annuity, whereas the insurer bears the investment risk in a fixed annuity.