Sentences with SURVIVORSHIP-ANNUITY

"A survivorship annuity provides income to two people, such as spouses, until both have passed away."

"The survivorship annuity ensures that the surviving partner will continue to receive payments even after the death of the other."

"With a survivorship annuity, the income payments stop once both individuals have died."

"The survivorship annuity is often used as a form of retirement income for married couples."

"One of the advantages of a survivorship annuity is that it can provide income for an extended period of time."

"When one spouse passes away, the survivorship annuity can help ensure financial stability for the remaining spouse."

"The survivorship annuity may offer a higher payout compared to an individual life annuity."

"With a survivorship annuity, the surviving spouse can maintain their standard of living after the death of their partner."

"The survivorship annuity can be used as a tool for estate planning and wealth preservation."

"The survivorship annuity can provide peace of mind knowing that income will continue even if one spouse passes away."

"An important consideration when choosing a survivorship annuity is the financial stability of the issuing insurance company."

"The survivorship annuity can help protect against the risk of outliving one's retirement savings."

"A survivorship annuity can be a valuable component of a comprehensive retirement plan."

"The survivorship annuity may have different payment options, such as joint and last survivor or joint life only."

"With a survivorship annuity, the surviving partner can avoid financial hardship in case they outlive their retirement savings."

"The survivorship annuity can be customized to meet the specific needs and goals of the policyholders."

"The survivorship annuity may require medical underwriting to determine the appropriate payout amount."

"A survivorship annuity can provide a reliable source of income for couples in their later years."