What is an Annuity - The Vocabulary of Annuities
5.7 هزار بار بازدید -
12 سال پیش
-
http://www.brokersalliance.com (800) 290-7226
Presented by Brokers Alliance
Here's an example of some of the vocabulary definitions for annuities.
Account Value: the gross value of an annuity, prior to adjustments from any applicable loans, Market Value Adjustments, premium taxes, or Surrender Charges.
A.M. Best Rating: an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations, as provided by the firm A.M. Best.
Annual Step-Up: a common feature on optional Guaranteed Lifetime Withdrawal Benefit riders, which raises the Benefit Base to the greater of the Benefit Base or the Account Value each year.
Annuitant: the individual or entity that receives the benefits of an annuity.
Annuitization Bonus: a feature offered on some Fixed, Indexed, and Variable Annuities
where the insurance company issuing the annuity credits the Account Value of the contract with a stated percentage of additional money, in the event that the contract is annuitized.
Annuitize: to change all or a portion of the annuity contract from a cash accumulation period to the periodic distribution of funds.
Annuity: a contract in which an individual agrees to pay premiums to an insurance company and receives, in exchange, a regular stream of income payments from the issuer either now or at some time in the future.
Annuity Docs & Vocabulary: Order- [email protected]
This video was produced by http://bizmediastudios.com/
____________________________
Follow Us On Social!
____________________________
TWITTER: Twitter: BrokersAlliance
FACEBOOK: Facebook: 115179661832101
INSTAGRAM: Instagram: brokersalliance
WEBSITE: http://www.brokersalliance.com/
GOOGLE+: https://www.google.com/+BrokersAlliance
LINKEDIN: LinkedIn: brokers-alliance-inc
Presented by Brokers Alliance
Here's an example of some of the vocabulary definitions for annuities.
Account Value: the gross value of an annuity, prior to adjustments from any applicable loans, Market Value Adjustments, premium taxes, or Surrender Charges.
A.M. Best Rating: an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations, as provided by the firm A.M. Best.
Annual Step-Up: a common feature on optional Guaranteed Lifetime Withdrawal Benefit riders, which raises the Benefit Base to the greater of the Benefit Base or the Account Value each year.
Annuitant: the individual or entity that receives the benefits of an annuity.
Annuitization Bonus: a feature offered on some Fixed, Indexed, and Variable Annuities
where the insurance company issuing the annuity credits the Account Value of the contract with a stated percentage of additional money, in the event that the contract is annuitized.
Annuitize: to change all or a portion of the annuity contract from a cash accumulation period to the periodic distribution of funds.
Annuity: a contract in which an individual agrees to pay premiums to an insurance company and receives, in exchange, a regular stream of income payments from the issuer either now or at some time in the future.
Annuity Docs & Vocabulary: Order- [email protected]
This video was produced by http://bizmediastudios.com/
____________________________
Follow Us On Social!
____________________________
TWITTER: Twitter: BrokersAlliance
FACEBOOK: Facebook: 115179661832101
INSTAGRAM: Instagram: brokersalliance
WEBSITE: http://www.brokersalliance.com/
GOOGLE+: https://www.google.com/+BrokersAlliance
LINKEDIN: LinkedIn: brokers-alliance-inc
12 سال پیش
در تاریخ 1391/05/13 منتشر شده
است.
5,799
بـار بازدید شده