Posts Tagged “flexible premium”

Annuities: Flexible or Single Premium Annuity

By | May 23, 2010

Annuities create income security for consumers by providing guaranteed income for life, or for a predetermined period of time. This period of time is set at the time of purchase in the annuity contract between the purchaser and the insurance company. The money used to fund the annuity purchase is called the premium. When the [...]

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