Series 6 - Investment Company And Variable Contracts Products Representative Exam

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What kind of annuity involves investors paying premiums that are invested in the insurance company's general account?

Variable annuity
A
Straight life annuity
B
Indexed annuity
C
Fixed annuity
D

Explanations

In a fixed annuity, investors pay premiums to the insurance company that are, in turn, invested in the company's general account.

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