survivorship annuity Synonyms
No Synonyms and anytonyms found
survivorship annuity Meaning
survivorship annuity (n)
an annuity payable to one person in the event that someone else is unable to receive it
survivorship annuity Sentence Examples
- The survivorship annuity provided a steady income stream to the surviving spouse after the passing of the primary beneficiary.
- The couple opted for a survivorship annuity to ensure that the surviving partner would receive a stable income for life even after the other's demise.
- The survivorship annuity benefits guaranteed a monthly payment, alleviating financial concerns for the widow or widower.
- They invested a portion of their savings in a survivorship annuity, recognizing its value in providing long-term financial security.
- The survivorship annuity acted as a safety net, ensuring that the surviving spouse would not face financial hardship in their later years.
- The joint survivorship annuity provided an income stream for both spouses, guaranteeing a stable income even if one passed away prematurely.
- The contract stipulated that the survivorship annuity would continue until the second spouse passed away, offering lifelong financial protection.
- The availability of a survivorship annuity gave the couple peace of mind, knowing that both spouses would be taken care of financially.
- They chose a survivorship annuity with a cost-of-living adjustment to protect against inflation and maintain purchasing power.
- The survivorship annuity played a crucial role in their retirement planning, ensuring financial stability and peace of mind for the rest of their lives.
FAQs About the word survivorship annuity
an annuity payable to one person in the event that someone else is unable to receive it
No synonyms found.
No antonyms found.
The survivorship annuity provided a steady income stream to the surviving spouse after the passing of the primary beneficiary.
The couple opted for a survivorship annuity to ensure that the surviving partner would receive a stable income for life even after the other's demise.
The survivorship annuity benefits guaranteed a monthly payment, alleviating financial concerns for the widow or widower.
They invested a portion of their savings in a survivorship annuity, recognizing its value in providing long-term financial security.
