Topical Terminology > B-share Variable Annuity
1 Definition
B-share Variable Annuity
For B-share Variable Annuity we have a term and definition in Insurance.
B-share Variable Annuity (Insurance) 
A form of variable annuity contract with no initial sales charge but if the contract is cancelled the holder pays deferred sales charges (usually from 5 to 7 percent the first year, declining to zero after from 5 to 7 years). The most common form of annuity contract.
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