single-life annuity
Use single-life annuity in a sentence
“ Nick had to sign for a single-life annuity to his social security benefits after the messy divorce with his wife last year. ”
“ The single-life annuity that Mason took out would be of no assistance to his wife if he were to suddenly pass away and this was a source of concern. ”
“ The husband and his lawyer sat down and had a long talk about the future event of his death and whether he would split his fortune between his wife and son or just leave his son a single-life annuity. ”