What is the Definition of Mortality And Expense (M&E) Risk Charge?

What is the Definition of Mortality And Expense (M&E) Risk Charge?

A fee that covers such annuity contract guarantees as death benefits.

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

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Mortality And Expense (M&E) Risk Charge?

What is the Definition of Mortality And Expense (M&E) Risk Charge?

You can find random definition and meaning of insurance terms below:


Meaning of Annuity Prospectus in Insurance Terms

Legal document providing detailed information about variable annuity contracts. Must be offered to each prospective buyer.


Meaning of Annuity in Insurance Terms

A life insurance product that pays periodic income benefits for a specific period of time or over the course of the annuitant’s lifetime. There are two basic types of annuities: deferred and immediate. Deferred annuities allow assets to grow tax-deferred over time before being converted to payments to the annuitant. Immediate annuities allow payments to begin within about a year of purchase.


Meaning of Annuity Certain in Insurance Terms

A type of annuity contract that pays periodic income benefits for a stated period of time, regardless of whether the annuitant lives or dies. Also known as period certain annuity. Contrast with Straight life annuity. (See Payout options)


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