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Why gable would have purchased a term annuity

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Gable and is wife Henrietta are both age 55 and Gable recently retired. Gable met with Brianna, an insurance agent, to purchase a term annuity. Gable has not named a beneficiary for the annuity. Which of the following reasons CORRECTLY describes why Gable would have purchased a term annuity?

Reference no: EM132758841

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