Your question is Duration and Life Insurance Concepts. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
What is Duration and types of duration? What are different life insurance products? What is annuity? What is Poisson distribution? What do I know about pensions and what factors affect it? What factors affect present value? What happens to PV if interest rate increases?