8. When considering taking on an insurance policy for retirement purposes, which of the following factors is most applicable? A. Regular premium Endowment is more suitable for pre-retirement than retirement. B. Whole life is for indefinite coverage and useful for estate costs. C. Ageing population may lead to an increase in demand for major medical and long-term care insurance. D. All the above. 2. The amount that must be saved annually for retirement would logically be reduced by A. The dissipation of savings and investment prior to retirement. B. A return on one's investments greater than anticipated. C. An increase in the rate of inflation. D. An increase in one's expected lifestyle upon retirement