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Mark and Angela are a newly retired couple. In order to continue having a level, predictable teame. Mark decides to purchase an annuity with his
Mark and Angela are a newly retired couple. In order to continue having a level, predictable teame. Mark decides to purchase an annuity with his non-registered savings. He meets with an agent than ABC Insurance Company and completes the necessary documents. His agent explains that he il begin receiving a monthly benefit of $600 the following month. His agent also confirms that, note event of Mark's death, any remaining funds will be paid to Angela in a lump sum. Which parties are involved in this contract?
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