Final answer:
The length of the free withdrawal period for a fixed annuity depends on details not provided in the question, and can vary by product. Cash-value life insurance policies contain a death benefit and accumulate cash value, with premiums influenced by factors like family cancer history.
Step-by-step explanation:
The question pertains to specific features of a fixed annuity product offered by Long Life Insurance Company. Unfortunately, the question regarding the length of the free withdrawal period does not provide enough details to determine an accurate answer, as the length of such a period can vary by product and is typically stated in the annuity contract. Standard lengths of withdrawal periods may range from several years to just one year, but without the specific terms of the plan, it is not possible to determine the correct duration among the provided options.
Considering the examples provided for life insurance, cash-value (whole) life insurance policies do include a death benefit and can accrue cash value over time, providing an account that the policyholder can use during their lifetime. Additionally, the calculation of life insurance premiums takes into account factors such as family history of cancer, as illustrated in the scenarios depicted in the provided information.