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A contract frequently purchased from an insurance company by the consumer at retirement to provide continual income over a specified period of time is called what?
Wiki User
∙ 14y ago
An annuity
Wiki User
∙ 14y ago
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What is the contract purchased from an insurance company by the consumer at retirement to provide a continual income?
Annuity
A contract frequently purchased from an insurance company by the consumer at retirement to provide continual income over a specified period of time is called?
Annuities are generally purchased through an insurance company. People who purchase annuities can receive payments in the future from their annuity.
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