Exam term

Single premium

An annuity funding method in which one lump sum funds the contract at issue and no further payments are made.

Lessons that use this term

Premium payment modes California
Annuity premium and timing structures Florida
Life insurance premium factors: mortality, investment return, expense, and premium mode New York
Premium payment modes and grace period New York
Annuity premium and timing structures New York
Annuity premium and timing structures Texas