cash refund annuity
Definition
Annuity contract under which, if an annuitant dies before receiving the amount contributed by him or her under it, the balance is paid to a designated beneficiary.
Popular 'General, Marine, & Life Insurance' Terms
cash refund annuity in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/cash-refund-annuity.html
