LLQP Seg Funds Practice Questions - LLQP Segregated Funds And Annuities Module Exam

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The death benefit guarantee on a segregated fund ensures that, upon the annuitant's death, the named beneficiary receives:

Only the current market value At least the guaranteed amount (typically 75% to 100% of deposits) or market value, whichever is higher The original deposit minus all fees A fixed payout unrelated to deposits

Correct Answer:

At least the guaranteed amount (typically 75% to 100% of deposits) or market value, whichever is higher

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