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annuity life insurance (What is the difference between annuity life and whole life insurance? 1. annuity is paid till a person passes away whereas life insurance is paid after a person passes away to the beneficiaries 2. annuity is paid as periodic installments whereas life insurance is paid as lump-sum. 3. annuity support future income requirement. life insurance support the need of beneficiaries. 4. annuity is a retirement planning tool whereas life insurance is a product providing inheritance. 5. annuity pays back total value + gains earned. life insurance may provide benefit multiple times larger than premium paid Alexander Demidov) | |||
annuity insurance | |||
retirement insurance; annuity assurance | |||
PI; pension funds; pension ins.; pension insurance fund | |||
Superannuation (especially BrE) a PENSION that you get, usually from your employer, when you stop working when you are old and that you pay for while you are working; the money that you pay for this OALD Alexander Demidov) | |||
basic pension security; pension insurance | |||
pension benefits (cnbc.com Alex_Odeychuk) |
пенсионное страхование: 70 phrases in 17 subjects |