Sentences with phrase «entire life of the annuitant»
Lifetime annuity with Return of 100 % of purchase price on death: A regular annuity at a constant rate is payable through the entire life of the annuitant.
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Jeevan Akshay - VI is an Immediate Annuity plan that provides annuity payments through the entire life of the annuitant.
Not exact matches
Life Annuity Increasing at a Simple Rate of 5 % p.a.: Here the annuitant receives annuity pay - out for entire lifetime increasing at a simple rate of 5 % p.a.
Guaranteed income can be received by the annuitant (i.e., the person whose life the annuity contract is purchased on) over a fixed number of years or for the annuitant's entire lifetime.
Life Annuity Increasing at a Simple Rate of 3 % per annum: Annuitant receives annuity payout for lifetime increasing at a simple rate of 3 % per annum through the entire lifetime.
Life Annuity with Return of Purchase Price (ROP): Annuitant receives annuity payout at a constant rate through the entire lifetime.