A policy in which if the annuitant dies before the end of the specific time period, the insurer will continue to pay to a contingent beneficiary until the end of the designated period. Also called life income with period certain annuity .
The Rantings of the barely human.
A policy in which if the annuitant dies before the end of the specific time period, the insurer will continue to pay to a contingent beneficiary until the end of the designated period. Also called life income with period certain annuity .