Sentences with phrase «yearly amount immediately»
Immediate annuity plans are those annuity insurance plans in which a person has to make lump sum payment to the insurance providers and starts receiving a monthly, quarterly, half - yearly or yearly amount immediately.
https://www.optinsure.com/ Not exact matches
The annuity would provide lifetime (or a certain yearly amount) of future payments, but would have no value at death while the life policy would immediately create a sizable death benefit providing tax - free proceeds to children or a spouse at passing.