What is another word for reversionary annuity?
Pronunciation: [ɹɪvˈɜːʃənəɹi ɐnjˈuːɪti] (IPA) 
Reversionary annuity refers to an annuity payment arrangement that continues to pay a defined beneficiary after the death of the primary annuitant. However, there are numerous synonyms that can be used in place of reversionary annuity. These include survivorship annuity, survivor annuity, joint and survivor annuity, and contingent annuity. Some of these synonyms are self-explanatory in that they highlight the fact that the payments will continue to the beneficiary in the occurrence of certain conditions being met. For example, a joint and survivor annuity implies that the payments will be made until the death of both parties. Nonetheless, regardless of the term used, these agreements ensure recipients continue to receive financial support even after the annuitant colleague.
