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What if I die before my annuity pays out my original investment?

In Annuities - Life Annuities - Asked by Admin - 14 months ago

Unfortunately that is a risk of life annuities and this situations is called forfeiture, many contracts offer a add-on which guarantees the annuity will make payments for at least a certain number of tears even if the annuitant dies first.

Answered by Admin - 14 months ago


Tags: forfeiture, annuities, annuity, life annuity, life annuities, what if i die before my annuity pays out my original investment?

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Life annuities are a great way to have income for life that you can count on without a worry. If you have a certain question about life annuities you can ask our experts about it for free. You can also search through our sections to find answers to previous user's questions to find the answer to questions like "what if i die before my annuity pays out my original investment?".



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