Word forms: (plural) single life annuities
nounRelated wordsCompare this with a joint-life annuity, which is a life insurance policy that pays a benefit that continues throughout the
joint lifetime of two people until one of them dies. ( Insurance : Life insurance )
A single life annuity guarantees a lifetime income for you alone.
If your spouse has enough retirement income, it would pay you to select a single life annuity.
A single life annuity is an annuity where only one life is covered.
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