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.
Some common insulator materials are glass, plastic, rubber, air, and wood. Most solid materials are classified as insulators because they offer very large resistance to the flow of electric current. A material used to resist the flow of heat is known as â Thermal insulationâ.