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Many insurance companies sell both life insurance and annuities to mitigate extreme death risk and unexpected longevity risk from these two lines of business. Which

Many insurance companies sell both life insurance and annuities to mitigate extreme death risk and unexpected longevity risk from these two lines of business. Which risk management method is implemented by these insurance companies?

Group of answer choices

A) Diversification.

B) Investment in information.

C) Loss reduction.

D) Avoidance.

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