Can I leave an income for my spouse within my annuity?

When you set up an annuity, you can choose for it to provide an income when you die for someone who currently relies on you financially. You can also guarantee payments for a certain period of time even if you die during that period, or leave a cash lump sum if the annuity has paid out less than you paid for it during your lifetime. Once the annuity has been set up and your cancellation period has finished, you can't change it. These features will reduce the income that the annuity will pay.