Choose the correct alternative : A retirement annuity is particularly attractive to someone who has - Mathematics and Statistics

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MCQ

Choose the correct alternative :

A retirement annuity is particularly attractive to someone who has

Options

  • A severe illness

  • Risk of low longevity

  • Large family

  • Chance of high longevity

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Solution

A retirement annuity is particularly attractive to someone who has Chance of high longevity.

Concept: Annuity
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Chapter 2: Insurance and Annuity - Miscellaneous Exercise 2 [Page 29]

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Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 1.1 | Page 29
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