Actuarial Outpost
 
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA > Individual Life and Annuities Track > Life Pricing Exam
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

D.W. Simpson & Company International Actuary Jobs
  Canada  Asia  Australia  Life  Pension  Casualty
Bermuda, United Kingdom, Europe, Asia, Worldwide


Life Pricing Exam Old Individual Life & Annuities Design and Pricing Forum

Reply
 
Thread Tools Display Modes
  #1  
Old 04-15-2012, 10:33 PM
george24 george24 is offline
Member
SOA
 
Join Date: Aug 2011
Studying for nothing
Posts: 244
Default Difference between Investment Annuities and Deferred Annuities?

ACE manual says Investment Annuities are excluded from SNL for Deferred Annuities ... I thought they were the same thing , so what's the difference?
Reply With Quote
  #2  
Old 04-15-2012, 10:35 PM
Hugh Jass's Avatar
Hugh Jass Hugh Jass is offline
frequent poster
 
Join Date: Oct 2008
Location: Omega Centaurus
Studying for exam 97
College: Phoenix On-Line
Favorite beer: TC-17x97
Posts: 27,160
Blog Entries: 6
Default

Quote:
Originally Posted by george24 View Post
ACE manual says Investment Annuities are excluded from SNL for Deferred Annuities ... I thought they were the same thing , so what's the difference?
I work in the field. Never heard of investment annuities. Maybe investment annuities don't include a death benefit or annuitization options and are thus excluded?

Just a guess.
__________________
Quote:
PS...I'm sorry for being a bit crass, please don't ban me.
Reply With Quote
  #3  
Old 04-16-2012, 12:18 PM
Bballry1234's Avatar
Bballry1234 Bballry1234 is offline
Member
SOA
 
Join Date: Sep 2010
Location: Your mom's bed
Studying for NOTHING!
Favorite beer: Does Redbull count?
Posts: 763
Default

Quote:
Originally Posted by Hugh Jass View Post
I work in the field. Never heard of investment annuities. Maybe investment annuities don't include a death benefit or annuitization options and are thus excluded?

Just a guess.
Usually the word "investment" in the context of P&F means a product that is designed to increase wealth but doesn't have an annuitization option. (Pg 632).
__________________
ASA FSAmods DP CSP DMAC FAC CERA?
Reply With Quote
  #4  
Old 06-16-2012, 08:25 PM
Aces Aces is offline
CAS
 
Join Date: May 2012
Posts: 3
Default

I think there is a big difference between Investment Annuities and Deferred Annuities. You can ask an expert about this.
__________________
Insurance

Last edited by Moderator1; 06-16-2012 at 09:01 PM..
Reply With Quote
  #5  
Old 07-12-2012, 03:09 PM
Mel's Avatar
Mel Mel is offline
Member
SOA AAA
 
Join Date: Feb 2004
Location: Houston, TX
Posts: 407
Default

I also work in the field....there are Immediate Annuities, Deferred Annuities, and Investment Products. Could "Investment Annuities" in the ACE manual be a typo?
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 06:53 AM.


Powered by vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.28038 seconds with 9 queries