3 Questions
What is the defining characteristic of Anualidades Ciertas Ordinarias?
They provide fixed periodic payments for a specific period of time
What happens if the annuitant of Anualidades Ciertas Ordinarias passes away before the end of the specified period?
Remaining payments are made to the annuitant's beneficiaries
What distinguishes Anualidades Ciertas Ordinarias from Anualidades Vitalicias?
Anualidades Ciertas Ordinarias have a fixed payment period, while Anualidades Vitalicias provide lifetime income
Test your knowledge of Anualidades Ciertas Ordinarias with this quiz. Learn about the defining characteristics, what happens if the annuitant passes away before the specified period ends, and how they differ from Anualidades Vitalicias.
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