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21 February 2018

PRAVASI SHIKSHAK NI MUDAT VADHARAVA BABAT NO PARIPATRA.

PRAVASI SHIKSHAK NI MUDAT VADHARAVA BABAT NO PARIPATRA:-In the United States, an annuity is a contractually executed, relatively low-risk investment product, where the insured (usually, an individual) pays a life insurance company a lump-sum premium at the start of the contract. That money is to be paid back to the insured in fixed, incremental amounts, over some future period (predetermined by the insured).

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 The insurer invests the premium; the resulting profit/return on investment funds the payments received by the insured and compensate the insurer. Conventional annuity contracts provide a predictable, guaranteed stream of future income (e.g., for retirement) until the death(s) of the beneficiaries(s) named in the contract, or, until a future termination date — whichever occurs first.
PRAVASI SHIKSHAK NI MUDAT VADHARAVA BABAT NO PARIPATRA.
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