What is the Definition of A-Share Variable Annuity?

What is the Definition of A-Share Variable Annuity?

A form of variable annuity contract where the contract holder pays sales charges up front rather than eventually having to pay a surrender charge.


Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

 
What is the Definition of A-Share Variable Annuity?

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Insurance?

What is the Definition of A-Share Variable Annuity?

Check out other definition of insurance terms below:


What is the Meaning of REVOCABLE BENEFICIARY In Insurance Terms?

A life insurance policy beneficiary whose right to the policy’s proceeds can be cancelled or reduced by the policy owner at any time before the insured’s death. Contrast with Irrevocable beneficiary.


What is the Meaning of RIDER In Insurance Terms?

An attachment to an insurance policy that alters the policy’s coverage or terms.


What is the Meaning of RISK In Insurance Terms?

The chance of loss or the person or entity that is insured.


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