MLchartDataset catalogue

Annuity certain

Term · Insurance and risk management · MLC-T-INS-000429

An annuity that guarantees payments for a fixed period, regardless of whether the annuitant lives or dies during that time. If the annuitant dies before the period ends, the remaining payments are typically made to a designated beneficiary. This differs from a life annuity, which pays only for the annuitant's lifetime.

Table 1. Record
IdentifierMLC-T-INS-000429
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000429",
  "term": "Annuity certain",
  "field": "Insurance and risk management",
  "definition": "An annuity that guarantees payments for a fixed period, regardless of whether the annuitant lives or dies during that time. If the annuitant dies before the period ends, the remaining payments are typically made to a designated beneficiary. This differs from a life annuity, which pays only for the annuitant's lifetime.",
  "url": "https://mlchart.com/terminology/insurance/annuity-certain/"
}

Record 167 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.