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ann005
General information
| Question text: | Suppose that you own an annuity that promises to pay $^fl_amount each year for the rest of your life. Suppose further that you never trade this annuity for cash and hold the contract until the end of your life.
^FL_ann005 This means that the annuity permanently stops making payments. This might occur if the insurance company goes out of business, they claim you violated a clause in the contract, or they ruled the policy void for some other reason. What is the percent chance this occurs? |
| Answer type: | Slider |
| Label: | |
| Empty allowed: | One-time warning |
| Error allowed: | Not allowed |
| Multiple instances: | No |