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What is the basic function of an annuity? O The systematic liquidation of accumulated funds O The guarantee of a specific sum of money to

What is the basic function of an annuity? O The systematic liquidation of accumulated funds O The guarantee of a specific sum of money to a designated beneficiary upon the death of the insured O The protection against loss of income due to partial or total disability O The accumulation of funds to pay for life insurance premiums during retirement years

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