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Insurance

Annuity units

An essential metric utilized in the assessment of a variable annuity while it is being distributed to the recipient. The value of each unit is subject to change in accordance with the performance of an investment portfolio. This factor plays a crucial role in determining the eventual payout to the annuitant.

Replacement

Let's discuss the concept of a policy replacement, which refers to the creation of a new policy to replace an existing one. This is a common practice in the world of finance...

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Endowment insurance

Welcome everyone, today we will be discussing the concept of life insurance. This is a type of financial protection that guarantees a payout at the end of a specified time pe...

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Original Age

When purchasing a policy, it is important to consider your age at the time of purchase. This factor can greatly impact the terms and benefits of your policy. As you age, the...

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Face amount

A life insurance contract contains a crucial element known as the death benefit. This refers to the predetermined amount of money that will be paid out to the designated ben...

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