Annuity Certain:
These annuities are payable for a certain minimum period and if the policyholder dies during this period,the remaining installments are paid to the beneficiary of the policy.These annuities operate as any normal annuity after the end of the certain period,.i.e payments will be made throughout the life of the life assured.No payments are made to the beneficiary after the death of the life assured,if the outlives the certain period.
These annuities are payable for a certain minimum period and if the policyholder dies during this period,the remaining installments are paid to the beneficiary of the policy.These annuities operate as any normal annuity after the end of the certain period,.i.e payments will be made throughout the life of the life assured.No payments are made to the beneficiary after the death of the life assured,if the outlives the certain period.
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