Payout Mode
Contents
The method selected for the benefit to be paid. For life insurance, this may be a lump sum or some form of income. For an annuity contract it may be set up to pay monthly income on a guaranteed basis.
The method selected for the benefit to be paid. For life insurance, this may be a lump sum or some form of income. For an annuity contract it may be set up to pay monthly income on a guaranteed basis.