A
life annuity refers to a financial product or arrangement where a person receives a fixed amount of money regularly for the duration of their life. It provides a steady income stream, helping individuals meet their basic needs and manage their expenses throughout their lifetime.
Full definition
Similar and related words and phrases are presented below.
«life»
«annuity»
Related phrases
Phrases with «life annuity»
Sentences with «life annuity»
- If I were you and had to purchase an annuity plan, I would have gone with Life annuity with return of purchase price. (personalfinanceplan.in)
- By comparison, a joint life annuity with a long term guarantee will pay out the lowest level of income. (briansoinsurance.com)
- If you are looking to rely on annuities for day - to - day expenses when you retire, try to purchase both fixed and variable life annuity plans. (insuranceopedia.com)
- (see all
sentences)