enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Life Insurance: How to Choose The Best Option for You ... - AOL

   www.aol.com/life-insurance-choose-best-option...

   Lump sum: The entire death benefit can be paid directly to the beneficiaries' accounts in a single lump sum. Annuity: The death benefit can be put in an annuity with a lifetime payout or on a ...

3. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

4. Life settlement - Wikipedia

   en.wikipedia.org/wiki/Life_settlement

   A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3] Such a sale provides the policy owner with a lump sum. [4]

5. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   Another option is taking a lump sum and using it to purchase a private annuity from a life insurance company. However, this option — sometimes called a pension annuity — doesn’t make sense ...

6. What is an immediate annuity? Benefits, risks and how they work

   www.aol.com/finance/immediate-annuity-benefits...

   The size of your lump-sum premium: The more money you put into your annuity contract, the higher your monthly payments will be. For example, a $100,000 premium on an immediate annuity may only ...

7. Universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Universal_life_insurance

   Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.