life income with period certain option
The life income with period certain option is a life insurance settlement option under which a beneficiary may have policy proceeds converted to a life annuity for the beneficiary with the benefit period based on the beneficiary's life expectancy and payments that continue for that period of time whether or not the beneficiary lives.
life income with period certain option
The life income with period certain option is a life insurance settlement option under which a beneficiary may have policy proceeds converted to a life annuity for the beneficiary with the benefit period based on the beneficiary's life expectancy and payments that continue for that period of time whether or not the beneficiary lives.
Synonyms
lifetime income with period certain option
