I have been reading hard these days to prepare for the exam, and then I saw this article. I really found it very interesting. You can see at a glance that there can be many different subsequent operations.
There shall be no exclusions in the living annuity part of an annuity insurance contract.
Excluded liability refers to the danger caused to the insured due to intentional or illegal reasons. The insurance law expressly stipulates that the insurer is exempted from liability for compensation.
Annuity insurance, a living annuity, is a contract in which the insurer promises to pay an agreed amount regularly during the life of the insured, so annuity insurance must not have any exclusions.
Purchasing annuity insurance is a savings investment method for risk management in preparation for future needs.
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