annuity due

(redirected from Annuities Due)

Annuity due

An annuity with n payments, where the first payment is made at time t = 0, and the last payment is made at time t = n - 1.

Annuity Due

A payment that must be made at the beginning, rather than at the end, of a period. For example, an annuity due may require payment at the beginning of the month instead of at the end. Many lease agreements have annuity due payments, while credit cards, for example, do not.

annuity due

An annuity in which payments are made at the beginning of each period. Compare ordinary annuity.

annuity due

See advance payment annuity.
References in periodicals archive ?
Most people have heard about stock market indexed annuities due to advertisements by insurance companies.
Moneyfacts says that in the first few months after the change, insurers became more conservative about their pricing of annuities due to uncertainty over the exact impact the new rules would have.
In most circumstances, Retirement Ready favors products which offer guaranteed income streams such as variable annuities with guaranteed income riders and single premium immediate annuities due to the lifetime income features associated with these types of products.
Also in 2010, Centurion Life stopped issuing single premium deferred annuities due to spread compression issues.
Glyn explains that health issues could also arise with increasing age, and many people now qualify for 'enhanced' annuities due to their state of health.
In most circumstances, Retirement Ready favors products which offer guaranteed income streams such as variable annuities with guarantees income riders and single premium immediate annuities due to the lifetime income features associated with these types of products.
The expectations of lower growth in annuities due to the end of regulator's special incentives for early retirement at the end of 2011 would change Pacifico Vida's gross premium mix and limit short-term premium growth.
The statutory capital and surplus of AEL's primary operating subsidiary was $898 million at September 30, 2008 compared to $991 million at December 31, 2007 reflecting the statutory accounting impacts of year-to-date net realized losses on invested assets and accelerated recognition of expense associated with options purchased to fund index credits on index annuities due to the decline in fair value of such options.
Glenbrook Life will be including the Putnam funds within its Glenbrook Provider suite of products, including two additional variable annuities due out later this fall: Glenbrook Provider Advantage, a no surrender charge variable annuity; and Glenbrook Provider Extra, a bonus interest rate variable annuity.
Although Broker/Dealers are beginning to establish policies for sales of equity-indexed annuities due to increased compliance and supervision liabilities, many do not understand either the scope of what they are taking on or the risks they face in potentially alienating large numbers of Registered Representatives," he explains.
Standard & Poor's expects continued business growth in annuities due to an increase in the number of producers and agent productivity GAAP after tax ROA to exceed 90 basis points.