Investment Guides 

Different types of annuities

Guaranteed annuities

Some annuities provide a guarantee that in the event of death the income will continue to be paid to your beneficiaries - your spouse or children - for the balance of the guaranteed period - this is known as a guaranteed annuity. If you apply for a five-year guarantee and were to die after two years of annuity payments, the annuity will continue to pay out income for the next three years.

A joint-life annuity will continue to pay an income to your spouse, partner or financial dependant after you die for the rest of their life.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now