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Joint-and-Last-Survivor Annuity
A type of annuity policy which guarantees a lifetime income for two or more persons.

This information should not be construed as legal advice or a legal opinion on any factual situation. This summary is for illustrative purposes and is not a contract. It is intended to provide a general overview, at the time first posted, of the topics described. Only the insurance policy can give actual terms, conditions and exclusions.



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