Why were variable annuities developed?A. As a hedg...

Exam Fx Property And Casualty Questions And Answers

Question Number 494

Why were variable annuities developed?A. As a hedge against inflationB. To offer more productsC. Generates more income for the insurance companyD. None of the above

As a hedge against inflationYes... it was a group of teachers preparing to retire who caused this product to be "invented."

✔ Correct Answer:

As a hedge against inflationYes... it was a group of teachers preparing to retire who caused this product to be "invented."

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Exam Fx Property And Casualty Questions And Answers

Question Number 494

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