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Q: An annuity with an infinite life is called a?
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What is a period certain annuity and a life annuity?

A period certain annuity guarantees payments for a specific period, such as 10 or 20 years, regardless of the annuitant's lifespan. A life annuity provides payments for the lifetime of the annuitant, ensuring income for as long as they live but ceasing upon their death.


What is the meaning of perpetual-annuity?

A perpetual annuity is a series of equal payments that continue indefinitely. This means that the payments will never end, providing a constant stream of income. It is commonly used in finance to calculate the present value of an infinite series of cash flows.


Does Life with Certain Annuity expire?

Life with a certain annuity typically does not expire for the duration specified in the contract, which could be for a set number of years or for the life of the annuitant. Once the specified period ends, the annuity payments cease.


What is life annuity with period certain?

A life annuity with period certain is a type of annuity that provides regular payments for the rest of the annuitant's life, with a guaranteed minimum payment period specified in the contract. If the annuitant dies before the guaranteed period ends, payments will continue to a beneficiary until the end of that period.


What is a life annuity with period certain?

A life annuity with period certain is a type of annuity that provides regular payments for life, with a minimum guaranteed period during which payments will continue, even if the annuitant dies. If the annuitant dies before the end of the guaranteed period, the payments will continue to a beneficiary until the end of that period.

Related questions

What is the annuity type called that guarantees to pay out an income equal to the purchase price of the annuity?

Refund Life Annuity


What Annuity plan pays equal amount until death?

It is called a life annuity.


What is called the reverse of life insurance?

I believe you are referring to an Annuity.


What is a period certain annuity and a life annuity?

A period certain annuity guarantees payments for a specific period, such as 10 or 20 years, regardless of the annuitant's lifespan. A life annuity provides payments for the lifetime of the annuitant, ensuring income for as long as they live but ceasing upon their death.


Why are annuities called life insurance?

Annuity income depends on life expectancy and is thus classified as life insurance.


How do you get infinite life on metriod prime?

you need a thing called action replay,if you dont have it you cant get infinite life.


What license do you need to sell fixed annuity?

A securities license called a Life License


What is monthly annuity?

The option to get annuity every month is called monthly annuity.


Is there a difference between a life annuity and an insurance annuity?

There isn't a real difference between life annuity and an insurance annuity. Both are a form of life insurance and deal with the same issues. I would go with either one.


What is the meaning of perpetual-annuity?

A perpetual annuity is a series of equal payments that continue indefinitely. This means that the payments will never end, providing a constant stream of income. It is commonly used in finance to calculate the present value of an infinite series of cash flows.


What is variable annuity life?

Annuity Life is a contract of insurance between you the buyer and the seller. Variable Annuity Life is a company that covers retirement groups for schools, colleges and Health care.


Is an annuity a type of life insurance?

Yes an annuity is a life insurance product. Its kind of like the opposite of life insurance.