Regarding annuities, you can either make one lump-sum payment to purchase a single-premium annuity o

Tips and Deals Forums Home Insurance Regarding annuities, you can either make one lump-sum payment to purchase a single-premium annuity o

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 6 years, 8 months ago.

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    Anonymous

    1: Regarding annuities, you can either make one lump-sum payment to purchase a single-premium annuity or make ongoing contributions to a flexible-payment annuity.
    True
    False

    2: An immediate annuity is a financial vehicle that can provide guaranteed income for a short period of time only.
    True
    False

    3: Your name, place of residence, and a brief description of your assets are typically part of what is included in a will.
    True
    False

    4: Two of the most important items included in your will are naming a guardian for minor children and naming an executor.
    True
    False

    5: A dying will is a separate document from your will that lets your family members know what type of care you do or don’t want to receive should you become terminally ill or permanently unconscious.
    True
    False

    6: It is generally a good idea to keep emergency items in a safe deposit box.
    True
    False

    7: Does FDIC insurance cover the contents of a safety deposit box?
    Yes
    No

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