What is the Definition of Period Certain?

What is the Definition of Period Certain?

The stated period over which an insurer makes periodic benefit payments under an annuity certain. (See Annuity certain)

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

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What is the Definition of Period Certain?

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