Issued the annuity has no more obligations

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TRUE OR FALSE? Without a financial plan it is difficult to choose the investments that will provide sufficient value at the correct time.

TRUE OR FALSE? Immediate annuity contracts will only pay the annuitant. There are no exceptions. This means that upon the annuitant’s death the contract is terminated and the insurance company that issued the annuity has no more obligations.

Reference no: EM13980671

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