Hi Edgar,Depending on the annuity contract in some cases the heirs or estate can continue to receive payments if the annuitant passes away. For example some annuities have a return of principal rider that says that payments will continue until all the principal is paid back.You can learn more about Annuities using our calculator:https://www.newretirement.com/Services/Annuity_Calculator.aspxOr in our annuity section:http://www.newretirement.com/Services/Annuities.aspxIf you inquire and talk to an insurance company they can provide more detail on what options are available to you.Good luck!