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Your client is considering purchasing an insurance product to hedge against longevity risk. The client is willing to take on investment risk, and understands that
Your client is considering purchasing an insurance product to hedge against longevity risk. The client is willing to take on investment risk, and understands that some losses may occur, but they also want to limit their downside losses to a degree and avoid maximum loss potential. Which product best suits their needs?
A)
RILA minimum floor
B)
RILA buffer
C)
EIA
D)
IUL
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