what is a shared risk pool in an annuity?

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05-03-2022
Business

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what is a shared risk pool in an annuity?

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Savagehailey Savagehailey · Answer 1 · 2022-03-05T18:01:32-05:00

Savagehailey Savagehailey

05-03-2022

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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