Reversionary Annuities

Individuals seeking to replace lost social security, pension or wage income at the death of the recipient in favor of their beneficiary will find a reversionary annuity a most capable product. However, it’s difficult to find much written about reversionary annuities. They are not covered in annuity technical literature because they are really life insurance policies. Reversionary annuities derive their name from what they do not from what they are….