Sentences with phrase «cash guarantees monthly payments»
Your adviser could then compare that strategy to other options, such as devoting not all but a portion of your nest egg to an immediate annuity, a type of annuity that in return for a lump sum of cash guarantees monthly payments for the rest of your life.
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This guarantees that if you fail to make your monthly payments, the bank can take your cash to get reimbursed.
Customers pay a monthly premium that guarantees cash payment to their beneficiaries if the policyholder dies during the term of the policy.