Annuity Table, 1949
Definition of "Annuity table, 1949"
Table that replaced the standard annuity table, 1937. It reflected the fact that more people were living longer in its statistics. This table was subsequently replaced by the individual annuity table, 1971 and, to some extent, the American annuity TABLE, 1955.
Popular Insurance Terms
Coverage for numerous perils such as that found in the broad form personal theft insurance. ...
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Authority to act on behalf of an individual that terminates upon its revocation or death of that individual. ...
Type of guaranteed insurance contract in which the term is fixed, the rate is fixed, and the contract owner does not participate in the insurance company's earnings. ...
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Accounting method of establishing data on an annual basis. ...
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