Single Premium Annuities Immediate Fixed Annuities Characteristics Of A Single-premium Immediate Annuity Include Which Of The Following?

Characteristics of a single-premium immediate annuity include which of the following? - single premium annuities immediate fixed annuities

a. Payment of a series of payment after the date of purchase


b. The periodic payments of purchases


c. Option to terminate the contract arising during the accumulation phase


d. Guaranteed interest rate during the accumulation phase