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Life Insurance Exam [National] 57 – Annuity Basics and Purpose Explained

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Exam life insurance exam. In this episode you will learn: • The definition of longevity risk and why annuities are the primary solution for outliving assets. • The fundamental differences between life insurance which creates an estate and annuities…

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