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What is the meaning of perpetual-annuity?
a perpetual annuity is an annuity that continues forever- it has an infinite life.That is every year from its establishment this investment pays the same dollar amount.An example of a perpetuity is the dividend stream on preference shares.
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 a period certain annuity and a life annuity?
Alright, buckle up, buttercup. A period certain annuity pays out for a specific period, even if the annuitant kicks the bucket before it's up. A life annuity keeps paying until the annuitant shuffles off this mortal coil, no matter how long they linger. It's like choosing between a fixed-term fling and a lifelong commitment in the world of annuities.
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.
What is a lifetime annuity?
A lifetime annuity is an annuity that is purchased with a payout period that will, in most cases, give a predictable payment each month for the lifetime of the annuitant (the individual whose life the annuity is on).
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.
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 is monthly annuity?
The option to get annuity every month is called monthly annuity.
What license do you need to sell fixed annuity?
A securities license called a Life License
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 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.
What is an annuity with an infinite life making continual annual payments?
An annuity with an infinite life that makes continual annual payments is known as a perpetuity. It is a financial instrument that provides a stream of cash flows indefinitely with no end date. The payments are typically fixed and occur at regular intervals, such as annually. The present value of a perpetuity can be calculated using the formula ( PV = \frac{C}{r} ), where ( C ) is the annual payment and ( r ) is the discount rate.
Where can I find information on a single life annuity?
If you are living alone, a single life annuity would be the best. However, if you have a family or a wife/husband, you may want to consider multiple life annuity.
