Spericorn Interview Questions and Answers

An annuity is a financial product that provides a series of payments at regular intervals.

• Fixed annuity: provides a fixed payment amount for a specific period of time

• Variable annuity: payment amount varies based on the performance of underlying investments

• Immediate annuity: payments begin immediately after purchase

• Deferred annuity: payments begin at a future date

• Indexed annuity: payment amount is tied to a stock market...read more

Life assurance policies include term, whole life, endowment, and universal life.

• Term life insurance provides coverage for a specific period of time.

• Whole life insurance provides coverage for the entire life of the insured and builds cash value over time.

• Endowment policies pay out a lump sum after a specific period of time or upon the death of the insured.

• Universal life insurance combines a savings component with a deat...read more

Duration is a measure of a bond's sensitivity to changes in interest rates.

• Duration is a calculation that takes into account the bond's yield, coupon rate, and maturity date.

• It is expressed in years and represents the average time it takes to receive the bond's cash flows.

• The higher the duration, the more sensitive the bond is to interest rate changes.

• Duration is used by investors to manage interest rate risk in their

I should be hired because of my strong skills and passion for the job.

• I have a proven track record of successfully handling similar responsibilities.

• I possess the necessary skills and qualifications required for this role.

• I am highly motivated and dedicated to delivering high-quality work.

• I have a genuine interest in the job and the industry it belongs to.

• I am a quick learner and adapt well to new processes and technol...read more