【米国生命保険ライセンス2】Annuity

Q1.T has an annuity that guarantees an income payment for the rest of his life. The contract also guarantees that if T dies before receiving payments for 20 years, the remaining payments will be paid to his son for the balance of the 20 years. What type of annuity is this?

• Fixed Certain
• Joint and Full Survivor
• Life Annuity with Period Certain
• Installment Refund

A. Life Annuity with Period Certain

解説：「Tは、残りの人生の収入の支給を保証する年金を持っている。この契約はまた、Tが20年間の支払いを受け取る前に死亡した場合、残りの支払いは残りの期間は息子に支払われることを保証している。 これはどのような種類の年金か？」

期間が決まっていることと、受益者がいることから、答えは、「Life Annuity with Period Certain」

Q2.What is the basic function of an annuity?

• The systematic liquidation of accumulated funds
• The guarantee of a specific sum of money to a designated beneficiary upon the death of the insured
• The protection against loss of income due to partial or total disability
• The accumulation of funds to pay for life insurance premiums during retirement years

A. The systematic liquidation of accumulated funds

解説：年金の基本的な機能は何か？蓄積された資金をシステマティックに換金するもの。

Q3.Which of these is an element of a Single Premium annuity?

• Deferred payment
• Lump-sum payment
• Fixed income
• Tax-deductible

A. Lump-sum payment

解説：Single Premium Annuityは初めに一括で払うタイプのAnnuity。そのため、回答はLump-sum payment。

Q4.W is a 39-year old female who just purchased an annuity to provide income for life starting at age 60. All of these would be acceptable annuity choices, Except a:

• Flexible Premium Deferred annuity
• Variable annuity
• Immediate annuity
• Straight Life annuity

A. Immediate Annuity

解説：Wは60歳から年金を受け取りたいので、Immediate Annuityは適していない。

Q5.What type of annuity has a cash value that is based upon the performance of it’s underlying investment funds?

• Deferred
• Flexible
• Variable
• Fixed

A. Variable

解説：InvestomentによってCash Valueが作られるのは、生命保険と同様に”Variable”