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Period certain

• The stated period for which the insurer guarantees to make benefit payments under an annuity contract.

• Refers to an annuity which guarantees a minimum number of periodic payments.

 
 Embedded terms in definition
 Annuity
Contract
 
 Related Terms
 

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Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something and that this thing must be attained. Marie Curie

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