Discuss the major taxation benefits regarding life annuity contracts. (10 points) Jade turned 65 yesterday and purchased a joint and survivorship annuity (with her husband) immediate life annuity with the following two features: a. 10-year period certain b. Variable life/inflation guard As the couple's financial/insurance advisor, you were asked to go over details of the life annuity policy with the clients. Please thoroughly present the policy to the couple. (12 points) Discuss HMO and PPO health insurance policies, in terms of overall costs, market share, PCP, network(s), quality, etc. (12 points); you will earn up to 10-point bonus for providing specific and relevant reference to the two PBS Frontline videos in your discussion of the HMO/PPO framework. 1 Explain the major medical plan features of a PPO health plan. You are encouraged to provide hypothetical examples to strengthen your discussion. (12 points) Discuss the major taxation benefits regarding life annuity contracts. (10 points) Jade turned 65 yesterday and purchased a joint and survivorship annuity (with her husband) immediate life annuity with the following two features: a. 10-year period certain b. Variable life/inflation guard As the couple's financial/insurance advisor, you were asked to go over details of the life annuity policy with the clients. Please thoroughly present the policy to the couple. (12 points) Discuss HMO and PPO health insurance policies, in terms of overall costs, market share, PCP, network(s), quality, etc. (12 points); you will earn up to 10-point bonus for providing specific and relevant reference to the two PBS Frontline videos in your discussion of the HMO/PPO framework. 1 Explain the major medical plan features of a PPO health plan. You are encouraged to provide hypothetical examples to strengthen your discussion. (12 points)