What Does Life Income with Period Certain Mean?

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What does Life Income with Period Certain mean? Read on to discover the definition & meaning of the term Life Income with Period Certain - to help you better understand the language used in insurance policies.

Life Income with Period Certain

Life Income with Period Certain

Life income with certain period is a type of annuity that provides money to the insured on a regular basis for a specific number of years. If the insured dies before the period ends, the beneficiary gets the remaining payments from the annuity.

We hope the you have a better understanding of the meaning of Life Income with Period Certain.

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