Describe the basic characteristics of a variable annuity.
Answer to relevant QuestionsExplain the major characteristics of an equity-indexed annuity.Jeff currently earns $3000 per month. He has an individual disability-income policy that will pay $2000 monthly if he is totally disabled. Disability is defined in terms of the worker's own occupation. The policy has a ...Explain the meaning of a preexisting condition.Briefly describe the following types of group life insurance plans:a. Group term life insuranceb. Group accidental death and dismemberment insurance (AD&D)c. Group universal life insuranced. Worksite marketing programsWhat is a consumer-directed health plan (CDHP)?
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