Meaning cash refund annuity
What does cash refund annuity mean? Here you find 2 meanings of the word cash refund annuity. You can also add a definition of cash refund annuity yourself
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cash refund annuityAn annuity payment contract that provides for refund of any principal remaining at the death of a primary annuitant.
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cash refund annuityAn annuity contract which provides that if at the death of the annuitant installments paid out have not totaled the amount of the premium paid for the annuity, the difference will be paid to a designa [..]
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