Exam (elaborations)
NAIC 390 Exam | 50 Questions with 100% Correct Answers | Verified | Latest Update 2024
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Regarding indexed annuities, the participation rate is best described as: - The percentage of increase in the index that will be used to calculate the index-linked interest rate. Mortality and expense risk charges are designed to offset the insurer's risk that the annuitant will outlive his or h...
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