Usually means: Regular payments for life duration.
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We found 18 dictionaries that define the word life annuity:

General (8 matching dictionaries)
  1. life annuity: Collins English Dictionary
  2. life annuity: Wordnik
  3. life annuity: Infoplease Dictionary
  4. life annuity: Dictionary.com
  5. Life annuity: Wikipedia, the Free Encyclopedia
  6. life annuity: FreeDictionary.org
  7. life annuity: TheFreeDictionary.com
  8. life annuity: Wiktionary

Business (10 matching dictionaries)
  1. life annuity: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. INVESTORWORDS (No longer online)
  4. Glossary of Legal Terms (No longer online)
  5. Life annuity: Bloomberg Financial Glossary
  6. Bouvier's Law Dictionary 1856 Edition (No longer online)
  7. Life Annuity: Investopedia
  8. Life annuity: Legal dictionary
  9. Life Annuity: Financial dictionary
  10. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (life annuity)

noun:  (finance) Any annuity for which the purchaser continues to make payments while alive.

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