life insurance

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Across
  1. 2. Distributes a sum of money over a specified period of time
  2. 5. several purchase options, regular payments do not begin until a date specified in the future
  3. 6. The time during which premium payments are deposited
  4. 7. The time at which funds are annuitized
  5. 9. provides level death benefit and premium until age 120.
Down
  1. 1. The person who will receive contract value if the Owner/Annuitant dies
  2. 3. The person whose life the annuity is based on
  3. 4. Purchased with a single sum of money
  4. 8. a temporary insurance only pays out if insured dies during the term.