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. A life insurer issues a special 5-year endowment assurance contract to a life aged 55. The death benefit is $10,000 and is payable at
. A life insurer issues a special 5-year endowment assurance contract to a life aged 55. The death benefit is $10,000 and is payable at the end of the year of death during the 5-year term. The matur...
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