page refresh
  Please Wait...
Request A Quote
Select Insurance Type:
Request A Quote

 

Utilize Annuity Insurance to Secure Your Future

An annuity is basically an insurance product designed to help people out when they retire, go jobless or don’t have a consistent source of income. This is basically a series of payment that a person makes after a regular interval of time. In return, he gets a fixed or variable income after the annuity term is completed. These intervals can be classified into weekly, monthly, quarterly, half-yearly, yearly or any other regular interval of time. There are thousands of people who are not eligible for a pension or won’t have a fixed source of income when they will retire. These annuity insurance plans are a good option for investment when they are earning a decent income. But most people still aren’t aware of the features and benefits of an annuity insurance. Here, we are helping them with the required information that can help them decide their retirement annuity plan.

Basically, there are two types of an annuity issued by life insurance companies :

Immediate Annuity Insurance

Immediate annuity plans are those annuity insurance plans in which a person has to make lump sum payment to the insurance providers and starts receiving a monthly, quarterly, half-yearly or yearly amount immediately. He can also choose among the options to get a one-time payment or receive a fixed amount at a regular interval of time. One can also avail the life insurance annuity death benefit by choosing to get when one of the spouses expire. Such retirement annuity plans are beneficial for those who are already in retirement as they start receiving an amount for their expenses immediately. Also, one can convert his deferred annuity insurance into an immediate annuity insurance later, if he needs to do so. If someone is nearing his retirement or in his retirement and has a lump sum amount to invest, he can invest his money in an immediate annuity insurance and choose to receive an income when he needs that most. Through OptInsure, we are helping our customers to get best immediate annuity quotes from top annuity life insurance providers.

Deferred Annuity Insurance

Deferred annuity plans are those annuity insurance plans in which a person pays a monthly, quarterly, half-yearly or yearly amount to the insurance provider and receives a fixed amount once the annuity term is completed. It provides a great option to deposit his money while someone is able to earn and get it back after he retires. The deferred annuity also provides two options to choose from:

  • DEFERRED VARIABLE ANNUITIES
    These types of annuities have the funds that are related to the investment growth. That means it depends on the movements in the stock market and the value of an annuity may increase or fall depending upon the performance of a particular investment. These annuities are good when the investment is made for a longer period as they come as great retirement annuity options. But, such an annuity retirement plan also involves the market risks and one may have to bear the loss if the value of an investment falls. One is suggested to make an investment in this plan only when he is able to bear the market fluctuations. However, there are variable annuities that provide an option to protect one’s investment against the loss due to market fluctuation.

  • DEFERRED FIXED ANNUITIES
    These types of annuities have the funds or investments that are not so dependent on the investment growth. That means these annuities may not differ with the market fluctuations. For those investors, who are not so confident about the movements in the market, deferred fixed annuity is a good option as it provides a guaranteed amount of money to the investor for the fixed number of years. Generally, these annuities have 3- to 9-year initial rate guarantee and offer a tax-deferred investment growth to the investor. Most of the companies have no IRS contribution limit that means the investor can invest any amount of money for his life after retirement. Moreover, when the guarantee period ends, the investor can renew or exchange his annuity. He can also move his assets to an IRA or even utilize the assets to receive a consistent source of income. Just by filling an online form on our website, one can easily get multiple top annuity quotes from top insurance providers in the industry.
Annuities
Testimonials
1Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
1Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
1Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
Copyright © 2017, OptSoft, Inc. All Rights Reserved.
"Monitored by Top Rank Advisors, LLC- License #: L100250"
Testimonials
1Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
1Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
1Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
Copyright © 2017, OptSoft, Inc. All Rights Reserved.
"Monitored by Top Rank Advisors, LLC- License #: L100250"