Temporary Life Annuity Due

Definition of "Temporary life annuity due"

Leah  Lord  real estate agent
Leah Lord Vogler Feigen Realty

Limited number of payments, the first of which is due immediately, and payments thereafter are contingent upon the designated beneficiary (the annuitant) continuing to live. After the limit has been reached all payments cease even if the annuitant is still alive.

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