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Buffer Annuity

A type of annuity that combines the features of both variable annuities and indexed annuities. In other words, it is...

    BEL

    It stands for best estimate liability; an estimation of the liability value of a portfolio of insurance policies. It refers...

      Best Estimate Liability

      An estimation of the liability value of a portfolio of insurance policies. It refers to the unbiased estimate of the...