Answered

Which of the following products provides income for a specified period of years or for life, and protects a person against outliving their money?

A. A group policy
B. An annuity
C. A survivorship life policy
D. A universal life policy



Answer :

GinnyAnswer

Final answer:

An annuity offers income for a defined time period or for life, safeguarding against financial depletion.


Explanation:

An annuity provides income for a specified period of years or for life, protecting a person against outliving their money. It is a retirement vehicle that guarantees periodic payments either until death or for a set number of years.


Learn more about Annuities here:

https://brainly.com/question/39419397


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