What the Heck does 'Annuitant' Mean?

Few things in life are as complicated - and vital - as life insurance. In many cases, you may think that you need a lawyer present to sort through the jumble of confusing legal terms used in a standard term life insurance quote. You need to remember, life insurance companies rely heavily upon statistics that take into account a number of factors, such as age, medical history, and life expectancy, to calculate life insurance quotes for potential customers. These policies are legally binding, and the insurance company is taking a risk on anyone they insure - which is precisely why any given policy is filled with so much legal jargon that even lawyers might feel overwhelmed when reading through it! But don't worry - there is a light at the end of the tunnel, because your life insurance quote is not as complicated as it may seem at first. More information