A contract stating that the annuitant will receive a constant amount of income over a certain period or for life is called a:

Name: A contract stating that the annuitant will receive a constant amount of income over a certain period or for life is called a:
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A fixed annuity provides a guaranteed, fixed income stream to the annuitant over a certain period or for life. The other options (flexible, variable, ERISA, and participating) do not specifically refer to a guaranteed, constant income amount.

A Contract Stating That the Annuitant Will Receive a Constant