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Explain the difference between a with-profit annuity and a unit-linked annuity.

Question:

Explain the difference between a with-profit annuity and a unit-linked annuity.

Annuity Plan

An annuity plan acts investment plan for an individual which provides a return in the form of income to the investor. It helps to meet the retirement need and obligations with the regular payments on the lump-sum amount.

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The difference between the with-profit annuity and a unit-linked annuity is as follows:

With-profit annuity Unit-linked annuity
A pension scheme...

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What is Annuity? - Definition & Formula

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Chapter 2 / Lesson 7
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An annuity is a fixed amount of income paid at regular intervals, such as monthly or quarterly. Learn the definition and formula for annuity, review examples of annuities, and understand how to determine the value of annuities.


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