Cash Refund Annuity,
Cash Refund Annuity: What is the Meaning of Cash Refund Annuity?
An annual payment agreement that provides for the return of the principal in the event of the death of the principal beneficiary.
A pension is paid regularly throughout your life and benefits your heirs in the event of your death. The benefit of your death is equal to the premiums you paid, whichever is less during your lifetime.
Literal Meanings of Cash Refund Annuity
Cash:
Meanings of Cash:
Giving or receiving banknotes or coins with (check or money order).
Money in the form of coins or notes instead of checks, money orders or loans.
A small denomination coin from China, South India or Southeast Asia.
Synonyms of Cash
convert into money, money, legal tender, turn into money, hard cash, ready cash, liquidate, turn into cash, convert into cash, change, exchange, ready money, realize, encash, currency
Refund:
Meanings of Refund:
Compensation (cash), usually for customers who are not satisfied with the goods or services purchased.
Usually return a certain amount to the unhappy customer.
Sentences of Refund
If you are not satisfied with your purchase, we guarantee a full refund.
You have the right to refuse and demand a refund.
Synonyms of Refund
pay back, give back, return, reparation, repay, reimbursement, restore, repayment, restitution
Annuity:
Meanings of Annuity:
Usually a certain amount of money is paid to someone for life every year.
A type of insurance or investment that entitles the investor to a variety of annual sums.
Sentences of Annuity
If investors want to invest most of their savings faster, they should invest in this annual amount.
Equity will first have to come up with an initial proposal to buy expensive pension insurance, which society can no longer afford.
If they want to save, they can do so and, before retirement, decide whether to spend their retirement money or make a purchase.
Fixed annuals usually charge انتظامیہ 30 per year in administration fees.
When they retire, savers can choose a fixed or variable pension.
If you accept a full tax-free amount, you will usually have to make an annual purchase with the remaining funds.
There may be a fixed rate on tax-exempt benefits or a variable product with sub-accounts.
Beneficiaries can often change the amount from one year to the next, but this will ignore any declining health, for example.
Pensions on which retirees buy fixed income may also vary.
He said the funds would be used to secure pension benefits, including pensions and lump sums.
Synonyms of Annuity
handout, upkeep, financial support, sum of money, annuity, stipend, remittance, pension, pocket money, contribution, maintenance, grant, subsistence, benefit, subsidy, keep, consideration, expenses