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Development of Annuities
Annuities Defined and Classified
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$10 monthly accumulated actuary amount annual premium deferred annuitant is living annuity agreement annuity business annuity idea annuity income annuity issued annuity payments annuity principle annuity providing application basis capital cash refund annuity cash value cent clause continue contract is issued death benefit deferred annuity deferred life annuity deferred or retirement deferred period deferred refund annuity dependent double indemnity duration frequently group annuities guaranteed immediate annuity immediate life annuities income payments income policies individual insurance companies interest investment joint large number last birthday last survivor law of large lifelong income lifetime lump sum married couples maturity date ment month monthly income mortality tables needs old age option paid-up annuity persons premium payments premium retirement annuity prospective annuitant prospects for annuities purchase price quarterly receive refund life annuity refund provision retirement annuity plans retirement income secure selected semi-annually specified survivorship annuity tontine usually women yearly