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life annuity

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
Translations

life annuity npension f, rente viagère
life annuity life nLeibrente f
life annuity nrendita vitalizia

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The Pacific Life annuity that Swinton has allows her to increase her protected amount after a year.
This election to have benefits paid as a life annuity increases the individual's retirement income significantly.
The capital securities being issued by Great-West Life Annuity Insurance Capital I are guaranteed by GWL&A Financial on a subordinate basis to any current or future senior debt of the company.
 
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