What Does Perpetual Annuity Mean?

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What does Perpetual Annuity mean? Read on to discover the definition & meaning of the term Perpetual Annuity - to help you better understand the language used in insurance policies.

Perpetual Annuity

Perpetual Annuity

Annuity derived from an asset (such as an income generating security) where the life span of the annuitant (security holder or his or her beneficiary) is of no consequence.

We hope the you have a better understanding of the meaning of Perpetual Annuity.

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