Series 6 - Investment Company And Variable Contracts Products Representative Exam

Preview Mode

How much does the insurance company contribute to premium payments in bonus annuities?

1%-3% of the premium
A
2%-4% of the premium
B
3%-5% of the premium
C
8%-10% of the premium
D

Explanations

In a bonus annuity, the insurance company typically contributes an additional 3% to 5% to the premium payment.

Pricing