Which of the following scenarios most closely resembles an insured life annuity? Select one: a. Jake purchased a life insurance policy followed by a life annuity. b. Gayle purchased an annuity but ensured that it provided a monthly income that was less than the maximum coverage that Assuris would provide C. Amanda purchased a life annuity and then added a type of guarantee d. Trudy purchased a life annuity followed by a life insurance policy. Francis is retiring. He has a $250,000 whole life policy that has endowed, meaning that the face value equals the cash value. How could Francis use the policy in such a way that it provides access to tax-free money during retirement? Select one O a Francis could obtain a loan from a third-party lender. D. Francis could surrender the policy and receive the cash surrender value. c. Francis could obtain a policy loan with the insurer. d. All of the above In an employer-sponsored group plan, which of the following would be the certificate holder? Select one O a. The plan sponsor b. The employee c. The employer d. The licensed insurance agent