Business, Legal & Accounting Glossary
An annuity in which payments continue for a specified period irrespective of the life or death of the person covered.
An annuity in which payments continue for a specified period irrespective of the life or death of the person covered.
Typically, Annuities cease on the death of the policyholder unless they are annuities certain.
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This glossary post was last updated: 2nd July, 2019 | 0 Views.