The interest rate guaranteed under the settlement options of a life insurance policy seems low in comparison

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The interest rate guaranteed under the settlement options of a life insurance policy seems low in comparison with alternatives available to the beneficiary. Does the guarantee of 3.5 percent or 4 percent constitute undue enrichment of the insurer at the expense of the beneficiaries?

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Fundamentals Of Risk And Insurance

ISBN: 978-1118534007

11th Edition

Authors: Emmett J. Vaughan ,Therese M. Vaughan

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