straight life annuity payout
Annuity sales were 2548 billion in 2021 up 16 from 2020. The claimant or plaintiff does not control the annuity contract.
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That annuity will fund the periodic payments directly to the claimant.
. This represents the highest annual annuity sales since 2008 and the third highest sales recorded in history according to. Conversely in an unassigned case the defendant is a property and casualty insurance company that purchases the annuity from a separate life insurance company.
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