Not exact matches
The payments from variable
annuities are
dependent on the investment return so you don't know what the payments will be in advance.
With variable
annuities, your account's performance is
dependent on how your investment choices fare in the market.
The owners of these contracts who actually pay for such riders have the means to invest their funds in more aggressive manner, since the income they acquire from their
annuities is normally
dependent on the maximum value that their contracts attain before they are annuitized.
Under the new law, the SNT would receive any SBP
annuity payments that would otherwise be payable to or
on behalf of the disabled
dependent child.
Also not mentioned in the article is that the ability of the
annuity to continue to pay is
dependent on the quality of the life insurance company providing the
annuity.
All guarantees, including death benefit payments, are
dependent on the claims - paying ability of New York Life Insurance and
Annuity Corporation (NYLIAC) and do not apply to the investment performance of the underlying funds in the variable
annuity.
Valuation of an
annuity is calculated as the actuarial present value of the
annuity, which is
dependent on the probability of the annuitant living to each future payment period, as well as the interest rate and timing of future payments.
With variable
annuities, your account's performance is
dependent on how your investment choices fare in the market.
On the maturity of the policy 20 % of the sum assured + guaranteed bonus + terminal bonus (if any) is paid as a lump - sum amount to the insured and the rest 80 % of the sum assured is utilized to pay annuity according to the chosen option (on the age of the handicapped dependen
On the maturity of the policy 20 % of the sum assured + guaranteed bonus + terminal bonus (if any) is paid as a lump - sum amount to the insured and the rest 80 % of the sum assured is utilized to pay
annuity according to the chosen option (
on the age of the handicapped dependen
on the age of the handicapped
dependent)