A non-qualified annuity can be established either as an immediate or a deferred annuity. A large one-time payment, otherwise known as a single premium, is likely to be used to fund a non-qualified immediate annuity.
In contrast to conductors, insulators are materials that impede the free flow of electrons from atom to atom and molecule to molecule. If charge is transferred to an insulator at a given location, the excess charge will remain at the initial location of charging.
Meaning: A material such as glass or porcelain with negligible electrical or thermal conductivity. Classified under: Nouns denoting substances. Synonyms: dielectric; insulator; nonconductor. Hypernyms (insulator is a kind of...): material; stuff (the tangible substance that goes into the makeup of a physical object) Hyponyms (each of the following is a kind of insulator): bushing (an insulating liner in an opening through which conductors pass) mineral wool; rock wool (a light fibrous material used as an insulator) glass wool (glass fibers spun and massed into bundles resembling wool)