Reversionary annuity which ceases in any event after n years

Discussion in 'CM1' started by Danny, Sep 7, 2023.

  1. Danny

    Danny Active Member

    What do we mean by a reversionary annuity that ceases in 'any event' after n years? Is this like a temporary reversionary annuity? I.e after n years, the annuity stops being paid no matter what, and this is why the core reading says 'in any event'?
     
  2. Michael Clarkson

    Michael Clarkson ActEd Tutor Staff Member

    Hi Danny,
    Yes that's correct
    Thanks,
    Michael
     

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