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revprevAdminJan 18'24 at 2:34+23
revcurprevAdminJan 18'24 at 2:34+23
revcurprevAdminJan 18'24 at 2:33+23
revcurprevAdminJan 18'24 at 0:16+26m
revcurAdmin (Created page with "'''Solution: C''' Answer C is false. If the purchaser of a single premium immediate annuity has higher mortality than expected, this reduces the number of payments that will be paid. Therefore, the Actuarial Present Value will be less and the insurance company will benefit. Therefore, single premium life annuities do not need to be underwritten. The other items are true. A: Life insurance is typically underwritten to prevent adverse selection as higher mortality than...")Jan 15'24 at 15:48+1,233