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Certified Annuity Specialist (CAS) VIP Practice Exam
CAS — The Certified Annuity Specialist (CAS) designation is awarded by the Institute of Business & Finance (IBF). The program culminates in a proctored final exam of approximately 100 questions covering annuity products, tax treatment, distribution strategies, suitability standards, and regulatory compliance. A passing score of 75% is required.
54
Questions
120m
Time Limit
75.00%
To Pass
Question 1 of 54👑 VIP
A 58-year-old client approaches you with $200,000 in after-tax savings. She is concerned about outliving her money in retirement and wants a guaranteed income stream she cannot outlive, but she does not want to lose access to her principal if she dies early. Which annuity payout option BEST addresses both of her stated concerns?
Questions 2–54 and full explanations are VIP-exclusive.