Why do you suppose the MSLA changed from a 25-year to a 30-year term for the annuity

Question:

Why do you suppose the MSLA changed from a 25-year to a 30-year term for the annuity option?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: