Question: 13) Some insurers offer a single-premium deferred annuity that does not begin paying benefits until an advanced age, such as 85. This product is called

13) Some insurers offer a single-premium deferred annuity that does not

13) Some insurers offer a single-premium deferred annuity that does not begin paying benefits until an advanced age, such as 85. This product is called A) endowment insurance. B) equity-indexed annuity. C) life income with guaranteed payments annuity. D) longevity insurance

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