nounan annuity paid to someone on the death of another person
Related information about reversionary annuity:
- Reversionary Annuities Definition | Investopedia
With a reversionary annuity, upon the insured's death, the beneficiary receives a ... This makes the reversionary annuity more affordable for older individuals.
- reversionary annuity - The Free Dictionary
Noun, 1. reversionary annuity - an annuity payable to one person in the event that someone else is unable to receive it. survivorship annuity · annuity, rente ...
- Reversionary Annuities: A Low-Cost Way to Protect Surviving ...
Dec 31, 2011 ... A reversionary annuity may be just what a couple like Martha and Mark need to make up the income shortfall that will come after Mark's death.
- Leaving Active Service | Reversionary Annuity | LABF
You can establish a reversionary annuity for a spouse, parent, child, brother or sister, which will begin upon your death. A reversionary annuity is a reduction in ...
- What is reversionary annuity? definition and meaning
Definition of reversionary annuity: A contract, called an annuity, which is really more a type of life insurance contract on an insured. This contract only pays ...
- SERS REVERSIONARY ANNUITY - State of Illinois
SERS REVERSIONARY ANNUITY. All SERS members have the option of choosing a reversionary annuity at retire- ment. The reversionary annuity allows a ...
- Reversionary annuity | Define Reversionary annuity at Dictionary.com
an annuity payable to a beneficiary during the period of time he or she survives the insured. Relevant Questions. What Is A Reversionary A... What Does ...
- Reversionary annuity - Merriam-Webster Online
an annuity payable to some person upon another becoming for any reason unable to receive it and usu. equivalent to a survivorship annuity. This word doesn't ...