Paragraph match score 83.2%
Page A-764
What are the Types of Annuities?
Joint life annuity: Annuities are paid until either you or your spouse is alive.
Page A-797
Seven Types of Annuity Plans
Joint life annuity with return of purchase price: Best for protecting pension for your spouse and leaving a legacy for your children. These annuities are paid until you or your spouse is alive. After the demise of both, the nominee will get the amount initially invested.