google bot detected Contingent Annuity | Insurance Glossary |

Contingent Annuity

Definition of "Contingent annuity"

Neil Schneider
  AgentOwned 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.

Related Real Estate Glossary terms

Related Real Estate FAQ