Taking steps to remove a hazard, engage in an alternative activity, or otherwise end a specific exposure.
Taking steps to remove a hazard, engage in an alternative activity, or otherwise end a specific exposure.
A form of annuity contract which provides that, if at the death of the annuitant installments paid to him have not totaled the amount of the premium paid for the annuity, the difference will be paid to a designated beneficiary in a lump sum.