What annuity payout option provides for lifetime payments to the annuitant but guarantees a certain minimum term of payments (typically 5, 10, or 20 years), whether or not the annuitant is living?
A) Period certain
B) Straight life income
C) Life with period certain
D) Installment refund option
Ans: C) Life with period certain
Business
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A value chain consists of both tangible and intangible product and service offerings
Indicate whether the statement is true or false
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