Gametes are the reproductive cells used during sexual reproduction to produce a new organism called a zygote. The gametes in males and females are different. The male gamete is called sperm. It is much smaller than the female gamete and very mobile.
Death Benefit Provision. Another important feature of some annuities is the death benefit provision. The annuity issuer guarantees at a minimum that upon your death your total premiums invested are paid to your beneficiaries. Many annuities âstep-upâ on the anniversary of the date the annuity was purchased, to the highest value at any preceding anniversary; or guarantee a minimum 5% to 7% interest compounded annually, whichever is greater.
Also found in: Financial, Acronyms. Accidental Death Benefit. A provision of a life insurance policy stating that if the insuredâthe person whose life has been insuredâdies in an accident, the beneficiary of the policyâthe person to whom its proceeds are payableâwill receive twice the face value of the policy.