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contingent annuity

An annuity arrangement in which the beneficiary does not begin receiving payments until a specified event occurs. A contingent annuity may be set up to begin sending payments to a beneficiary upon the death of another individual who wishes to ensure financial stability for the beneficiary, or upon retirement or disablement of the beneficiary.

Related information about contingent annuity:
  1. Contingent Annuity - Financial Dictionary - The Free Dictionary
    An annuity that does not begin making payments to the annuitant or the beneficiary until a certain stated event occurs. Annuities that do not begin payments until ...
     
  2. Contingent Annuity Analysis - American Academy of Actuaries
    Dec 22, 2011 ... All Rights Reserved. 1. Contingent Annuity Analysis. Contingent Annuity Work Group (CAWG). American Academy of Actuaries. December 22 ...
     
  3. The Confusing World of Contingent Annuities
    Oct 5, 2011 ... If you've never heard of a 'contingent annuity,' you're not alone. ... If you answered “contingent annuity,” you're one of a minority of advisors ...
     
  4. Insurance News - Are Contingent Annuities Really Annuities?
    Sep 14, 2011 ... According to the subgroup, the contingent annuity is a new type of ... Some regulators are even concerned that some contingent annuity filings ...
     
  5. Contingent Annuity: Definition from Answers.com
    Contingent Annuity Contract providing income payments beginning when the named contingency occurs. For example, upon the death of one spouse (the ...
     
  6. contingent annuity (finance) -- Britannica Online Encyclopedia
    There are two main classes of annuities: annuities certain and contingent annuities. Under an annuity certain, the payments are to continue for a specified ...
     
  7. What is contingent annuity? definition and meaning
    Definition of contingent annuity: An annuity arrangement in which the beneficiary does not begin receiving payments until a specified event occurs. A contingent ...
     
  8. Contingent Deferred Annuity (A) Subgroup
    ... Call Summary. Conference Call December 22, 2011. Agenda · American Academy of Actuaries Contingent Annuity Work Group Presentation · Call Summary ...