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.
Depending on the materialâs ability to conduct electricity we classify them as insulator, conductor, semiconductor and superconductors. Insulators block electric current from flowing. This is useful to protect circuit from short wire or keep us from harmful high voltage.