joint-life pension
1joint-life and last-survivor annuities — Annuities that involve two people (usually husband and wife). A joint life annuity begins payment on a specified date and continues until both persons have died. A last survivor annuity only begins payment on the death of one of the two people… …
2single-life pension — A pension or annuity that is paid for the lifetime of the beneficiary only, rather than for the lifetime of a surviving spouse. Compare joint life and last survivor annuities …
3Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …
4Pension Maximization — A retirement strategy for couples that involves purchasing a single life annuity on the older spouse rather than a dual or joint life with last survivor annuity that covers both people. The increased income received from the annuity will be used… …
5Life insurance in India — Life Insurance is the fastest growing sector in India since 2000 as Government allowed Private players and FDI up to 26%. Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956. All private life… …
6pension — pensionable, adj. pensionably, adv. pensionless, adj. /pen sheuhn/; Fr. /pahonn syawonn / for 3, n., pl. pensions / sheuhnz/; Fr. / syawonn / for 3, v. n. 1. a fixed amount, other than wages, paid at regular intervals to a person or to the person …
7Life annuity — The life annuity is a financial contract according to which a seller (issuer) typically a financial institution such as a life insurance company makes a series of payments in the future to the buyer (annuitant) in exchange for the immediate… …
8Life Insurance Corporation of India — Infobox Company company name = Life Insurance Corporation of India company company type = Government owned corporation foundation = September 1, 1956 location = Headquarters in Mumbai, India (Various other locations in India and abroad) key… …
9Pension Option — A set of options that a pensioner has in regard to the handling of his or her pension. Pensioners must make choices that determine how the funds will be distributed, and they must weigh the advantages and disadvantages of each option to determine …
10Joint venture — For other uses, see Joint Venture (disambiguation). A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and… …
