What Does Straight Life Income Annuity Mean?

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

Straight Life Income Annuity

Straight Life Income Annuity

An annuity income option that pays a guaranteed income for the annuitant's lifetime, after which time payments stop.

We hope the you have a better understanding of the meaning of Straight Life Income Annuity.

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