Under which of the following does the insurer promise to pay the insured a fixed yearly amount,as guaranteed income,after the insured attains a specified age?

Question

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The insurer promises to pay the insured a fixed yearly amount, as guaranteed income, after the insured attains a specified age under a deferred annuity contract. This type of contract is designed to provide regular income payments to the annuitant after a specific period, usually after retirement age.

Under Which of the Following Does the Insurer Promise to Pay