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PIT_PIT [208]
3 years ago
9

What is a shared risk pool in an annuity?​

Business
1 answer:
ycow [4]3 years ago
7 0

Risk pooling allows an insurance carrier to provide an income stream via an immediate annuity, even with its costs and expenses, far more cheaply than a person could on his or her own. Risk pooling is the practice of sharing all risks among a group of insurance companies.

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