Jump to content

Recommended Posts

Posted

I was asked how that works. I pay a certain amount x one time to the insurance and they will in turn pay me a monthly annuity for the rest of my life. The insurance company will make it's actuarial calculation based on the present value of the expected income stream from my one time payment and based on my statistical life expectancy.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...