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If a client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend _________ annuity.

Sagot :

When client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend variable annuity.

What is a variable annuity?

It should be noted that a variable annuity simply means a contract between an individual and an insurance company where the insurer makes periodic payments.

In this case, when client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend variable annuity.

Learn more about annuity on:

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