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life annuity

American  

noun

Insurance.
  1. any annuity that is contingent upon the survival of the annuitant or annuitants, especially an annuity that terminates with the death of a single annuitant.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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However, your parents may also have set up a life annuity.

From Salon Mar. 24, 2026

Fortunately, most U.S. investors have access to one life annuity that is actually adjusted for inflation: Social Security.

From MarketWatch Mar. 24, 2026

Some of the year's novelists managed, with the help of book clubs and cinemagnates, to earn a life annuity with a single book.

From Time Magazine Archive

I have a life annuity and some useful savings.

From Mrs. Warren's Daughter A Story of the Woman's Movement by Johnston, Harry Hamilton, Sir

My mother has a little property, which takes the form of a small life annuity, upon which she lives in an independent though unassuming manner in the Old Street Road. 

From Bleak House by Dickens, Charles

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