Variable annuity

Commodity a leaf — nothing below it, 10 links to KBLI

Level: Commodity
Parent: 64111900
Below: 0
Links · KBLI: 10

Definition

UNSPSC 64111906

An annuity is a contract between an individual and an insurance company that is designed to meet retirement and other long-range goals, under which the individual makes a lump-sum purchase payment or series of payments. In return, the insurer agrees to make periodic payments to the annuitant beginning immediately or at some future date. Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay a beneficiary a specified minimum amount, such as the total purchase payments. In a variable annuity, the annuitant can choose to invest his/her purchase payments from among a range of different investment options, typically mutual funds. The rate of return on the purchase payments, and the amount of the periodic payments the annuitant eventually receives, will vary depending on the performance of the investment options selected.

Same parent

Under 64111900 · 6

64111901 Principal protected structured financial product Commodity 64111902 Principal unprotected structured financial product Commodity 64111903 Exchange traded fund ETF Commodity 64111904 Single structured product Commodity 64111905 Over the rainbow structured product Commodity 64111906 Variable annuity You are here

Activities that produce or sell this

KBLI · 10

Inherited from family 64110000.

64210 Aktivitas Perusahaan Induk Sub-class 64310 Aktivitas Dana Pasar Uang Sub-class 64320 Aktivitas Dana Investasi Bukan Pasar Uang Sub-class 64330 Aktivitas Trust, Warisan, dan Keagenan Sub-class 64940 Aktivitas Sekuritisasi Sub-class 64994 Perdagangan di Pasar Keuangan atas Nama Sendiri Sub-class 64995 Perdagangan Unit Karbon atas Nama Sendiri Sub-class 64999 Aktivitas Jasa Keuangan Lainnya YTDL, Bukan Asuransi dan Dana Pensiun Sub-class 66112 Bursa Berjangka Sub-class 66114 Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif Sub-class

Warning
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