annuitant in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
An annuitant is a person who receives regular payments from an annuity or insurance policy, typically after retirement.
Sample Sentences
- The annuitant received regular payments from the insurance company after retirement.
- As an annuitant, she felt secure knowing that her income was guaranteed for life.
- Before signing the contract, the annuitant carefully reviewed the terms of the annuity.
- The financial advisor explained the benefits of being an annuitant to her clients.
- In the event of the annuitant's death, the benefits would transfer to the designated beneficiary.
- Many annuitants prefer fixed income streams to manage their monthly expenses.
- The annuitant celebrated another year of receiving consistent payments from the plan.
- With careful planning, the annuitant was able to enjoy a comfortable lifestyle.
- Understanding the different types of annuities is crucial for any potential annuitant.
- The annuitant's financial stability was largely due to wise investment choices made earlier in life.