The settlement option providing a life income with cash or installment refund seems too good to be

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The settlement option providing a life income with cash or installment refund seems too good to be true.How can the insurance company agree to pay for as long as the beneficiary-annuitant lives and agree to pay out at least the face amount of the policy?

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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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