Single Annuitant

Single Annuitant

The annuitant for a single life annuity, which only provides payments to one person. That is, payments cease when the single annuitant dies. This contrasts with other annuities that make a lump sum payment to the annuitant's survivors, or continue payments to them for a certain number of years.
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Estimation of the probability of survivorship of a single annuitant is a well developed area (see, e.
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