Annuity Insurance Law and Legal Definition
Annuity insurance means an insurance that agrees to pay the insured for a stated period or life time. It allows the insured to withdraw the funds at a later stage, with interest and without paying excessive taxes. It serves as a good investment scheme that allows the insured to invest his/her financial assets in a proper way. Most companies provide three popular annuity insurances such as fixed annuity insurance, indexed annuity insurance and variable annuity insurance.
Legal Definition list
Related Legal Terms
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
