Annuity Certain
Annuity Certain definition :
An annuity that pays a specific amount on a monthly basis for a set amount of time.
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ANNUITY CERTAIN - An annuity that pays a specific amount on a monthly basis for a set amount of time.
ANNUITY DUE - An annuity with n payments, where the first payment is made at time t = 0, and the last p...
Annuity Certain: An option in an annuity contract where the annuity owner selects a future level payment of income covering a specified number of years, generally ten years.
ANNUITY CERTAIN: A type of immediate annuity income option that is payable for a stated period of time, regardless of whether the annuitant lives or dies.
Annuity Certain,
Cash Refund Annuity,
Fixed Dollar Annuity,
Installment Refund Annuity,
Joint Life Annuity, and
Life Annuity Certain.
life annuity certain
annuity guaranteeing a given number of income payments whether or not the annuitant is alive to receive them. If the annuitant is living after the guaranteed number of payments have been made, the income continues for life.
90 years annuity certain
Annuity that pays a fixed annual amount until the annuitant reaches the age of 90.
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Also known as annuity certain. A contract that states income will be provided for a specified number of years, regardless of life or death. If an annuitant or insured dies, his or the payments will be made to the beneficiary for the remaining years.
Annuity Certain
See 'annuity'....(Read more)
Annuity Deferral
It used to be the case that you could only receive your pension from a personal pension plan by buying an annuity. You can now also choose t...(Read more)
Annuity Starting Date ...
There are many annuity varieties. Some are: Annuity Certain, Annuity Due, Deferred Annuity, Fixed Annuity, Life Annuity, Ordinary Annuity, Perpetuity, and Variable Annuity.
A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
Annuity certain
An annuity that pays a specific amount on a monthly basis for a set amount of time.
Annuity due ...
If an annuity is payable for a term of years independent of any contingency, it is called an annuity certain; if it is to continue for ever, it is called a perpetuity; and if in the latter case it is not to commence until after a term of years, ...
 See also: Annuitant, Expense, Acquisitions, Annuity due, Administration
  
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