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Explore definitions of longevity and life settlements sectors terminology beginning with J.

This glossary provides concise explanations of terminology commonly used in the longevity and life settlements sectors. Below you'll find terms beginning with the letter J.

Joint and Survivor Annuity

Joint and Survivor Annuity is an annuity product that continues regular payments as long as one of the two annuitants remains alive.

Jumbo Limit

Jumbo Limit: The maximum amount of death benefit retained by a direct underwriting company.