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A rider providing a cost of living adjustment ('COLA') is also offered by some companies to take the sting out of rising inflation, a commonly mentioned concern. Annuity buyers can pick from a variety of COLA rates ranging from 1% to 6% per year. A few immediate annuity issuers even peg...
A warship which is light, maneuverable, and fast-moving. Rider A mounted robber; a bandit, especially in the Scottish borders. Raider A warplane on an air raid. Rider (obsolete) Someone who breaks in or manages a horse; a riding master. Raider A law enforcement official who conducts a ra...
The cash flow rate remains constant throughout the life of the annuity except if your annuity included a rider which adjusts the monthly income periodically by the CPI or by a cost of living percentage. Hersh Don 2015-12-11 07:57:44 What is the cash flow column on your web site mean?
My name is Dan Hull. I practice law to (1) make money, (2) ensure that every day will be different than the one before, (3) use everything I have practicing law so I can feel alive, (4) serve sophisticated purchasers of legal services who "get it"--corporate clients with in-...
The defendant’s burden is either to prove the Plaintiff was wrong about the negligence claim or there was a defense such as assumption of the risk so the defendant had no duty to the plaintiff. In this case, a motion is being argued and there is still a burden on both parties. Here ...
perfect, under applicable state law, a security interest in the annuity used to fund the periodic payments will not cause Claimant to receive income in the year Claimant takes possession of the annuity contract if the defendant's assignment to Assignee is a qualified assignment under § 130(c)...
To be on the way to a certain destination. The ship is bound for distant shores. 1 Boundary A line that marks the limits of an area; a dividing line. The river forms the natural boundary between the two countries. 6 Bound Constrained or compelled by law, duty, or circumstance. They we...
The terms "rider" and "addendum" are often used interchangeably, particularly in insurance contracts. Amendments are frequent in construction contracts. Their function is to make contract changes without having to rewrite an entire contract. As an example, a company may contract to construct a new ...
Life insurance is a contract between an insurance company and a policy owner in which the insurer guarantees to pay a sum of money to one or more named beneficiaries when the insured person dies. In exchange, the policyholder pays premiums to the insurer during their lifetime. Thebest life ...