For this, he was to receive a life annuity of £20.

After 1780 the French government started to dominate this market with its life annuities.

The first idea that comes to mind is a life annuity with an insurance company.

The same was to be the case in regard to former life annuities from the French government.

Three months later he obtained a life annuity of £219.

Impaired life annuities for smokers or those with a particular illness are also available from some insurance companies.

For example, today a £250,000 pension fund would buy a 65-year-old male a single life annuity worth £15,600 a year.

If you're getting a purchased life annuity it's probably being paid to you after basic rate tax has been taken off.

Otherwise, in particular if payments end upon the beneficiary's death, it is called a life annuity.

The life annuity he would give them, $49,509 a year, seems much higher than would be available using his 5 1/2 percent interest assumption.