Financial Dictionary

Financial Dictionary - definitons of investment, economic and financial terms

Atlantic Financial

Atlantic Financial

Investment Word

Survivor Benefit

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A Survivor Benefit is a percentage of the annuitant's pension. The size and structure of the payment is determined by the type of policy the annuitant held at the time of their death.

For example, a beneficiary might be entitled to 65% of the annuitant's monthly pension. Alternatively, the benefit may be a large lump-sum payment from a life insurance policy.

Also See: Annuity

incentive trust - definition

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