Question
A life annuity in which there is no refund to any
beneficiary at the death of the annuitant is termed as?Solution
A straight life annuity is a retirement income product that pays a benefit until death but forgoes any further beneficiary payments or a death benefit. Like all annuities, a straight life annuity provides a guaranteed income stream until the death of the annuity owner. What makes a straight life unique is that, once the annuitant dies, all payments stop and no more money or death benefits are due to the annuitant, their spouse or heirs. This has the effect of making the straight life annuity less expensive than many other types of annuities and retirement income products.
In India, the highest sunshine hours per day is in the moth of
The lowest common denominator of a test is otherwise called:
Which of the following is not communication process:
What is the primary purpose of the JIVA program initiated by NABARD?
Which state leads in the number of farmer registrations under the PM-Kisan Maandhan Yojana as of August 2024?
Similar genotypes produced by plant breeding technique is called
First successful transgenic fruit plants are produced in
Which sprayer is used suited for spraying operations in kitchen garden
Which one of the following gases contributes maximum to “green house” effect
What is percent canopy density for open forest ?
