What is a cash refund annuity?

In Annuities - Fixed Annuity - Asked by Admin - 8 months ago

This is a type of refund that pays the annuitant's defined beneficiary the difference, if any, of the purchase price of the annuity and the sum of the payouts to the deceased annuitant.

Answered by Admin - 8 months ago

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Are you looking for a way to have a way to have fixed income for the rest of your life by obtaining a fixed annuity. It is a great way to have a fixed income at a fixed rate. Wondering about "what is a cash refund annuity?", annuities and specifically fixed annuities you can ask our experts for free.

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What is a cash refund annuity?

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