Sentences with phrase «guarantees a minimum periodic»

If the annuity guarantees a minimum periodic payout, the annuity costs will reflect the risk the insurer takes, and that risk is a premium built into the cost of the annuity.

Not exact matches

The Controller is responsible for preparing periodic financial accounts, maintaining accounts and preparing budgets and controls to ensure minimum risk, improved accuracy of accounts and records and guarantee compliance with legal standards of account keeping.