Wednesday, June 02, 2010

 

Living And Death Benefit Riders: How Do They Work

The annuity contracts that were first offered by insurance carriers over a century ago were relatively simple instruments. They were designed to insure the risk of superannuation, or outliving one's income, and provided a guaranteed income stream to annuitants in return for either a lump-sum or periodic investment. But annuity contracts have become increasingly complex over the years...

SF Gate: Living And Death Benefit Riders: How Do They Work

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