SIE Exam Question 715: Answer and Explanation

Question: 715

All but which of the following are types of annuity settlement options?

  • A. Extended term
  • B. Installment refund
  • C. Life with period certain
  • D. Single life

Correct Answer: A

Explanation:

The annuity settlement options are cash, single life, life with period certain, joint-and-survivor , and installment refund.

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