by lakemen » Sat Jul 08, 2006 04:56 am
Annuitant
The person whose lifetime is used as the measuring period to determine how long benefits are payable under a life annuity. In many cases, an annuity's contract owner, payee, and annuitant may be the same person.
The person whose lifetime is used as the measuring period to determine how long benefits are payable under a life annuity. In many cases, an annuity's contract owner, payee, and annuitant may be the same person.
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