Income Option | Insurance Glossary

Definition of "Income option"

Patti Zajack

Better Homes & Gardens Real Estate Gary Greene

Choice or choices the annuitant has in deciding how income is to be received from an annuity.

Provision in a property or liability policy stating that after a loss has been paid, the total origi ...

A federal agency that guarantees mortgage securities that are issued against pools of FHA and VA mor ...

Appraisal of a location before the purchase is made of it for potential environmental problems. ...

Periodic expenditures undertaken to preserve or retain a property's operational status for its origi ...

Null or void something; Revoke or destroy; rescind or set aside; abandon; abolish; repeal; surrender ...

Measure of land representing one square mile. A section equals 640 acres. ...

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

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