Question 13011 of 303 · California Life-Only Agent Exam
Guaranteed minimum withdrawal benefit riders on annuities
Exactly one answer is correct.
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Correct answer to question 13011
- A: guarantee a minimum withdrawal regardless of the market
Explanation
These riders add cost and affect annuity or death benefits, so agents must explain their effect.
More questions: Life Policy Riders
- 13012Which rider would best meet the need of a parent who wants to ensure a child can buy more insurance later despite poor health?
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