A financial contract written by an insurance company to provide you with a regular monthly income for as long as you live is called:

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An annuity is a financial contract written by an insurance company to provide a regular monthly income for the rest of your life. Whole life insurance provides coverage for the insured's entire life, while term life insurance provides coverage for a specific period of time. Modified life insurance is a type of whole life insurance, and single-premium insurance is paid for with a lump sum payment.

A Financial Contract Written by an Insurance Company to Provide