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Exam IIA-CFSA topic 2 question 5 discussion

Actual exam question from IIA's IIA-CFSA
Question #: 5
Topic #: 2
[All IIA-CFSA Questions]

"A special type of annuity that involves a contract between the annuitant and insurer in which insurer credits the annuity account with return amounts based on changes in an equity index such as the S&P500 (composite price index)," is:

  • A. Price indexed annuity
  • B. Variable index annuity
  • C. Stock indexed annuity
  • D. Equity indexed annuity
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Suggested Answer: D 🗳️
by lolojepu at April 5, 2025, 8:21 p.m.

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