Which of the following statements about variable annuities is true?
A) The periodic payments received by the annuitant are fixed.
B) Variable annuities typically provide a guaranteed death benefit payable to a beneficiary if the annuitant dies prior to retirement.
C) Insurers offering variable annuities are not permitted to charge administrative fees.
D) Although the value of annuity units fluctuates, accumulation units have a fixed value.
Answer: B
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Companies following the __________ philosophy insist that no unit of a similar product is different from any other unit in terms of cost and that each unit must bear its full share of total fixed and variable cost
A. premium pricing B. variable cost pricing C. fixed cost pricing D. full cost pricing E. demand based pricing
The growth in females playing video games is occurring mostly in the United States
Indicate whether the statement is true or false