The role of an insurance company and the products it offers is to protect its policy holders against a variety of risks. Insurance protects your property, your health, your life, and business relationships. A by-product of the protection offered by insurance companies has evolved into what we know as annuities; these products are designed to protect policy owners against the risk of outliving a source of income.
At the conclusion of this course, the student will be able to:
- Describe the basic terms surrounding variable annuities.
- Summarize the best practices associated with variable annuities.
- Outline the options being offered in contemporary annuities.
- Differentiate between immediate and deferred variable annuities.
- Paraphrase the role variable annuities have in long-term financial planning.
End of Course Instructions
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