Life annuity

A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive. The majority of life annuities are insurance products sold or issued by life insurance companies.

Source: Wikipedia — Life annuity (CC BY-SA 4.0)

Life annuity

A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive. The majority of life annuities are insurance products sold or issued by life insurance companies.

Source: Wikipedia "Life annuity" · CC BY-SA 4.0

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