Certificate of life
Encyclopedia
A Certificate of Life is a certificate produced by an embassy or other government body to confirm that an individual is still alive.
Governments, pension and insurance companies and other bodies may need to check periodically that the people they are paying have not died in order that they do not overpay annuities
and pensions.
Where individuals are resident outside their country of origin, a Certificate of Life may be obtained from the person's embassy in their country of residence by producing proof of identity such as a passport.
Governments, pension and insurance companies and other bodies may need to check periodically that the people they are paying have not died in order that they do not overpay annuities
Life annuity
A life annuity is a financial contract in the form of an insurance product according to which a seller — typically a financial institution such as a life insurance company — makes a series of future payments to a buyer in exchange for the immediate payment of a lump sum or a series...
and pensions.
Where individuals are resident outside their country of origin, a Certificate of Life may be obtained from the person's embassy in their country of residence by producing proof of identity such as a passport.