Exchange Currency

joint life with last survivor annuity

A life annuity payable for the lifetime of the annuitant and continued for the lifetime of his/her spouse or for a certain fixed term. In cases where the annuity payments still remain, the balance will be paid to the beneficiary. If there is no beneficiary mentioned, then it will be paid to the estate.

Related information about joint life with last survivor annuity:
  1. Joint Life With Last Survivor Annuity Definition | Investopedia
    An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and his/her spouse, or the annuitant and another beneficial party ...
     
  2. Joint Life with Last Survivor Annuity financial definition of Joint Life ...
    An annuity that makes payments to both the annuitant until death and then to a designated second party until the death of a designated third party (who is ...
     
  3. What is joint life with last survivor annuity? definition and meaning
    Definition of joint life with last survivor annuity: A life annuity payable for the lifetime of the annuitant and continued for the lifetime of his/her spouse or for a ...
     
  4. Joint Life With Last Survivor Annuity: Definition from Answers.com
    Joint Life With Last Survivor Annuity An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and his/her spouse, or.
     
  5. Joint Life with Last Survivor Annuity Definition & Example ...
    We explain the definition of Joint Life with Last Survivor Annuity, provide a clear example of how it works and explain why it's an important concept in business, ...
     
  6. Joint Life | Last Survivor | Best Annuity Rates | Annuities Comparison ...
    Check the Moneyfacts Blog for all our blogs. Joint Life with Last Survivor Annuity Rates Best Buys. Joint and last survivor annuities provide a guaranteed income ...
     
  7. Retirement Plans & Services FAQ
    Joint Life with Last Survivor Annuity. Covers two people and the contract will pay as long as one of the annuitants is alive; Cash or Unit Refund Life Annuity ...
     
  8. Financial Terms J
    Joint Life With Last Survivor Annuity - An insurance product that, when annuitized , makes payments to the annuitant, the annuitant and his/her spouse, or the ...