What Does Benefit of Survivorship Mean?
What does Benefit of Survivorship mean? Read on to discover the definition & meaning of the term Benefit of Survivorship - to help you better understand the language used in insurance policies.
Benefit of Survivorship
Right of an annuitant (or designated beneficiary) to receive annuity payments so long he or she is alive.
We hope the you have a better understanding of the meaning of Benefit of Survivorship.
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