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Insurance & Risk Management
12. Chapter 14: Annuities and Individual Retirement Accounts/Types of annuities
12. Chapter 14: Annuities and Individual Retirement Accounts Illustration
Syllabus Slides

Types of annuities

01.Core Concepts

Some variable annuities pay enhanced death benefits Some contracts guarantee the principal Some contracts periodically adjust the value of the account to lock in investment gains through a rising-floor death benefit, a stepped-up benefit, or an enhanced earning benefit ‹#›