Answer: Joint and Last Survivor Annuity
Step-by-step explanation:
An annuity is a form of regular payment made by an insurance company to an individual with their coverage, starting from a specific time(could be retirement) to end at a specific time(death of the client).
A joint and last survivor annuity is a form of annuity, where a spouse is paid even after the death of the other spouse receiving the annuity initially.