Back to Lexicon

First life

\fɜrst\ \laɪf

In a pension plan or an annuity contract, a first life refers to the individual who is initially entitled to payment.

A second life refers to an individual (usually a spouse or civil partner) who is entitled to payment in the event of the death of the first life.

Keep exploring our Lexicon of Longevity
Back to Lexicon
Icon/Arrow/UpIcon/Pin/Calander12Icon/Close/blackIcon/Social/FacebookFlag/CanadaFlag/wolrdFlag/ukFlag/usaIcon/Social/LinkedinIcon/MinusIcon/PinIcon/ExpandIcon/QuoteIcon/Website-greenIcon/Website/grey