1. In an annuity, specific time during which the insurance company unconditionally guarantees benefit payments to continue. 2. In an insurance settlement, time period that the insurer assures payments of benefits.
The Rantings of the barely human.
1. In an annuity, specific time during which the insurance company unconditionally guarantees benefit payments to continue. 2. In an insurance settlement, time period that the insurer assures payments of benefits.