What does an annuity protect the contact owner against?

Have you ever struggled to answer the question “What does an annuity protect the contact owner against?” in relation to the concept of in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.

What does an annuity protect the contact owner against?

Options:

  • A. Estate taxes
  • B. Living longer than expected
  • C. Leaving beneficiaries without income
  • D. The financial impact cause by the premature death of the owner

The Correct Answer Is:

  • B. Living longer than expected

Conclusion

The answer to your question “What does an annuity protect the contact owner against?” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to various topics of Insurance.

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