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Reasons for not replacing an insurance policy

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Reference no: EM131908335

(a) List FIVE (5) reasons for not replacing an insurance policy.

(b) Describe the features of the following types of Annuities:

(i) Joint and Survivor Annuities

(ii) Life Annuities with Period Certain

(iii) Deferred Annuity

(iv) Fixed Period Payment

Reference no: EM131908335

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