______is an insurance product that pays out income to the holder at specified intervals usually after retirement.

A)
Endowment
B)
Annuity
C)
Bonus
D)
Term

Correct Answer : Option (B) - Annuity



Annuity is an insurance product that pays out income to the holder at specified intervals usually after retirement. So if you want a steady supply of money after retirement apply for an annuity plan

Published On : June 2, 2021
Category : Insurance and Finance