Charles is the sole beneficiary of his late uncle's life insurance policy- The face value of the policy is $785,000- Charles has decided to accept annual annuity payments of $95,000- The interest rate on the policy is 5%- How many annual payments will Charles receive from this policy?

What Is the Difference Between Life and Health Insurance? 
Health insurance pays for your medical treatment, drugs, and preventative check-ups for you and others covered under your plan.

Life insurance provides a cash sum to your loved ones if you die during the length of the Life insurance policy.