Maturity Guarantee

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Maturity Guarantee

The benefit of an insurance policy or annuity to which the policyholder or annuitant is entitled after a certain number of years. The amount of the benefit as well as the number of years (which is usually 10) is stated in the contract.
References in periodicals archive ?
89-2, Maximum Maturity Guarantees on Transfers of Receivables with Recourse, the potential significance of this put option must [TABULAR DATA OMITTED]