TONTINE

Contest based on surviving

• All-for-one life insurance scheme

• Annuity scheme

• Certain annuity plan

• Deal that benefits a survivor

• Group fund

• Is one in 10 to get its proceeds?

• Life insurance form

• Shared annuity

• Survival investment plan

• Survivor-take-all plan

• Survivor's scheme

• An annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants

• Can run for a fixed period of time or until the death of all but one participant

• A form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members