Joint life annuity

An Annuity issued on two individuals under which payments continue in whole or in part until both individuals die. also called Joint and survivor annuity.

Related Terms: 6 Annuity, Call, Joint, Joint and survivor annuity, Sue, UIT

Other Related Pages: Category: Retirement Starting With: J

Additional Related Terms: Annuity unit, Above par, At par, All or any part, At call, All-risks coverage, Annuity, Add-on service, As is, Attorney in fact