Symetra debuts longevity product.Symetra Symetra Financial is a privately owned insurance company based in Bellevue, Washington. As of 2005, Symetra held $20 billion in assets, serving two million customers across the United States. External links
annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. would cost a 65-year-old client about $31,000 now to generate $2,500 monthly for life beginning 20 years later, but the single premium at age 85 would be $185,000 at today's rates. Optional features include a death benefit, an annual payment increase and an installment Regular, partial portion of the same debt, paid at successive periods as agreed by a debtor and creditor. An installment loan is designed to be repaid in certain specified, ordinarily equal amounts over a designated period, such as a year or a number of months. refund TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid. 2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies . |
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