Annuities

 Are you worried about outliving your income? That’s a risk that you may be able to do something about. When you invest in an annuity, you set the stage to receive income in the future, subject to the terms, conditions and or limitations of the insurance contract.


An annuity is a long-term contract you purchase from an insurance company. It is designed to help accumulate assets to provide income for retirement.  Click here for a Free Quote

 

How Annuities work?


An annuity is a long term investment that is issued by an insurance company designed to help protect you from the risk of outliving your income. Through annuitization, your purchase payments (what you contribute) are converted into periodic payments that can last for life.


Annuities enables you to:

  • Invest a lump sum or invest over a period of time 
  • Start receiving payments immediately or at some later date
  • Select a fixed, variable or indexed rate of return

Investing involves risk and may lose value. All guarantees and protections are subject to the claims paying ability of the issuing company, but the guarantees do not apply to any variable accounts which involve investment risk and possible loss of principal.

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