Respuesta :
The person that pays the annuity premium and retains rights in the contract is the contract owner.
What is Annuity?
- A series of payments paid at regular intervals is known as an annuity.
- Examples of annuities are recurring deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.
- The periodicity of payment dates allows for the classification of annuities.
- The payments (deposits) may be paid every week, every month, every four months, every year, or at any other regular frequency.
- Mathematical operations referred to as "annuity functions" can be used to compute annuities.
- A life annuity is an annuity that offers payments throughout the balance of the owner's lifetime.
What other annuity premium types are there?
- Your needs can be met by immediate fixed, immediate variable, deferred fixed, and deferred variable annuities, which are the four most common varieties.
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