What determines which one is better for an investor


Problem

Based on information in this lesson and previous lessons, compare and contrast insurance policies and annuity contracts and who would benefit most.

Answer the following questions:

a) What is the major difference between a life insurance policy and an annuity?
b) What determines which one is better for an investor?
c) What is a major advantage of annuities?
d) What is a major advantage of insurance policies?

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Financial Accounting: What determines which one is better for an investor
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