When the Maturity Date of the Annuity Arrives, the Insurer

question 274

Multiple Choice

When the maturity date of the annuity arrives, the insurer begins making a series of payment to the annuitant over a stated period (Known as__________) .

• A) Accumulation period
• B) Lump-sum payment period
• C) Payment release period
• D) Pay-out period

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Definitions:

Neurotransmitters

Chemicals found in the nervous system that transmit signals across a chemical synapse from one neuron to another, playing a critical role in transmitting nerve impulses.

Multiple Sclerosis

A chronic autoimmune condition that affects the central nervous system, leading to various neurological symptoms.

Neural Impulse

The electrical signal that travels along the neuron's axon to communicate with other neurons or muscles.

Hindbrain

The posterior part of the brain comprising structures such as the cerebellum and medulla oblongata, involved in vital functions like heartbeat and breathing.