21
May
Tom Cochrane
21
May
CD Annuity
Definition
A CD annuity is a marketing label commonly applied to a multi-year guaranteed annuity (MYGA) contract positioned as
3 min read
21
May
Deferred Fixed Annuity
Definition
A deferred fixed annuity is a fixed annuity contract structured with an accumulation phase during which the contract value
3 min read
21
May
Single Premium Annuity
Definition
A single premium annuity is any annuity contract funded by a single lump-sum premium payment at issue, with
2 min read
21
May
Annuitization
Definition
Annuitization is the conversion of a sum of capital into a stream of periodic income payments, typically continuing for
2 min read
21
May
Insurance Broker
21
May
Absolute Return Fund
21
May
Catastrophe Bond
21
May
Hedge
21
May
Longevity Risk
Definition
Longevity risk is the risk of outliving the financial resources set aside to fund consumption across one's
2 min read
21
May
Human Capital
21
May
Annuity Payments
Definition
Annuity payments are the periodic income amounts an insurer pays to the contract owner under an annuitized contract, scheduled
2 min read
21
May
Broker
Definition
A broker, in the annuity context, is a licensed intermediary who represents the prospective buyer rather than a specific
2 min read
21
May
Participation Rate
Definition
A participation rate is the percentage of an underlying index's gain that is credited to an indexed
2 min read
21
May
Insurance Agent
Definition
An insurance agent is a state-licensed individual or entity authorized to solicit, negotiate, and place insurance contracts — including
2 min read