MLchartDataset catalogue

Retirement income policy

Term · Insurance and risk management · MLC-T-INS-002933

An insurance product designed to provide a steady stream of funds during an individual's retirement years. These policies often combine elements of life insurance and annuities, offering both a death benefit and a guaranteed income payout. The policyholder contributes premiums over time, which accumulate value to be disbursed as income after retirement.

Table 1. Record
IdentifierMLC-T-INS-002933
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002933",
  "term": "Retirement income policy",
  "field": "Insurance and risk management",
  "definition": "An insurance product designed to provide a steady stream of funds during an individual's retirement years. These policies often combine elements of life insurance and annuities, offering both a death benefit and a guaranteed income payout. The policyholder contributes premiums over time, which accumulate value to be disbursed as income after retirement.",
  "url": "https://mlchart.com/terminology/insurance/retirement-income-policy/"
}

Record 3,005 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.