MLchartDataset catalogue

Reversionary

Term · Insurance and risk management · MLC-T-INS-002952

Relating to a future interest in property or an annuity that reverts to a grantor or a designated beneficiary upon the occurrence of a specific event, such as the death of a current holder. In insurance, a reversionary annuity begins payments at a future date, often upon the death of another person. This concept is common in estate planning.

Table 1. Record
IdentifierMLC-T-INS-002952
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002952",
  "term": "Reversionary",
  "field": "Insurance and risk management",
  "definition": "Relating to a future interest in property or an annuity that reverts to a grantor or a designated beneficiary upon the occurrence of a specific event, such as the death of a current holder. In insurance, a reversionary annuity begins payments at a future date, often upon the death of another person. This concept is common in estate planning.",
  "url": "https://mlchart.com/terminology/insurance/reversionary/"
}

Record 2,991 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.