life annuity

(redirected from Single life annuity)
Also found in: Legal, Financial.
Related to Single life annuity: immediate annuity, Lifetime Annuity
Translations

life annuity

nrendita vitalizia
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
A joint annuity will pay less than a single life annuity because the insurer has more risk of an extended payout.
Where a donor purchases a joint and survivor annuity for the benefit of the donor and another, the gift tax value is the cost of the annuity less the cost of a single life annuity for the donor.
If they had bought a standard single life annuity in January, they would have received an average annual payout of PS2,727, but if they bought one now, they would typically get PS2,550, PS177 less.
ANNUITY A single life annuity would currently give him a pincome of around PS611 a year for life.
More than three months later, Dana sent her a follow-up letter, stating that her husband's pension had been a single life annuity and all benefits ended at his death.
These include single life annuity, 100 percent joint and survivor, partial lump sum with 50 percent joint and survivor and on and on.
* You can acquire either a single life annuity (which provides life-long income for you alone) or a joint life annuity (which provides annual income for as long as either you or your spouse/sibling are alive).
But the majority will sign up to a single life annuity, which is only paid to them and stops paying out when they die.
He explains that a single life annuity is payable throughout life just for yourself and, with a joint life annuity, up to 100% of your income can be paid to a spouse or civil partner after you die.
Single Life Annuity for life - A fixed amount, guaranteed at the policy inception, will be paid to the annuitant throughout his/her life

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