annuity beneficiary
101life insurance — A contract, known as a policy, by which the insurer in consideration of the payment to it by the insured of a certain sum, or certain sums, of money known as a premium or premiums, measured and proportioned in amount according to factors… …
102variable life insurance — an insurance policy whose annuity payments or payment to the beneficiary are not fixed but depend on the income earned by the investment of the premiums …
