What is considered to be a characteristic of an immediate annuity?

Insurance

Are you having trouble answering the question “What is considered to be a characteristic of an immediate annuity?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

What is considered to be a characteristic of an immediate annuity?

Answer: Benefit payments start within one payment period of purchase

You should now have gotten the answer to your question “What is considered to be a characteristic of an immediate annuity?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.