Assertion: annuity contract | /r/CapableOf | bind the insurance company
Facets:
value: legally
type: MANNER
value: to provide a guaranteed periodic payment
type: PURPOSE
Source sentences:
text: An annuity contract is beneficial to the individual investor in the sense that it legally binds the insurance company to provide a guaranteed periodic payment to the annuitant once the annuitant reaches retirement and requests commencement of payments.