xLeadMarex
xLeadMarex xLeadMarex
  • 10-05-2021
  • Business
contestada

_BLANK_ is the opposite of life insurance; it pays while you are alive.

Respuesta :

Palky Palky
  • 14-05-2021

Answer:

Annuity

Explanation:

Life Insurance & Annuity have opposite goals.

Life Insurance provides insured person's family with lump sum payment, after individual dies.

Annuity provides insured person with assured income streams, throughout his or her lifetime.

They are opposite as one facilitates lifetime income security, however the other after life financial security.

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