Contingent Annuity


Definition of "Contingent annuity"

Laurel Windsor real estate agent
Laurel Windsor Berkshire Hathaway HomeServices Homesale Realty

Contract providing income payments beginning when the named contingency occurs. For example, upon the death of one spouse (the contingency), a surviving spouse will begin to receive monthly income payments.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ