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Consilium Insurance Brokers (Cayman) Ltd.

Phone: (345) 745-5090
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Website: consiliumbroking.com

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Resource Center

Immediate Annuity

An annuity that commences payment to the annuitant at the end of the first prescribed payment period. If an insured buys an immediate annuity with monthly payments, he will start receiving benefits at the end of the first month after the purchase.

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