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Glossary term

Longevity Risk

The risk of living longer than expected and needing income or assets to last for more years than planned.

Why this matters

Terms like longevity risk are easier to remember when you connect them to product choice, underwriting, claims, and suitability decisions. Use this page as a plain-language anchor before jumping back into practice or articles.

For exam prep

LLQP and advisor-style questions often test not just the definition of a term, but what changes when that term appears inside a scenario.

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