Question
The conversion of the account balance of a deferred
annuity contract to income payments is termed as?Solution
Annuitization is the process of converting an annuity investment into a series of periodic income payments. Annuities may be annuitized for a specific period or for the life of the annuitant. Annuity payments may only be made to the annuitant or to the annuitant and a surviving spouse in a joint life arrangement. Annuitants can arrange for beneficiaries to receive a portion of the annuity balance upon their death.
  Select the Correctly spelt word.
Choose the correct spelling of the words below.
In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words, one may be wrongly spe...
A trainer aircraft crashed in an agriculture field in Mokila area near Hyderabad on Wednesday resulting in minor enjury to the trainee pilot, police said.
In each group, one word is correctly spelt. Find the correct word.
- Select the correctly spelled word.
1) Toornament
2) Asylum
3) Spordic
4) Poching
Select the correct spelling of the word.
A. Berbaric
B. Burbaric
C. Bueberic
D. BarbaricÂ
E. None of the aboveÂ
In each question below a sentence with four words printed in bold type is given. These are numbered as (1), (2), (3) and (4). One of these four boldly p...
- In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words one may be wrongly spelt. T...
