settlement option

noun Insurance.

any of the options, other than immediate payment in a lump sum, by which the policyholder or beneficiary may choose to have the benefits of a policy paid.

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anchorite
a granular metamorphic rock.
a person who has retired to a solitary place for a life of religious seclusion.
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Words nearby settlement option

settle someone's hash, settle up, settle with, settlement, settlement houses, settlement option, settlement worker, settler, settler's clock, settling, settling tank
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020