ANNUITIES
Grow and Secure Your Savings with Annuities
You've put in the effort to build your savings, and annuities can help make sure they last. Annuities offer long-term growth for your money, along with the option to turn your savings into a guaranteed income stream. Plus, they provide financial protection for your loved ones with a payout if you pass away.
What Annuities Provide
Whether you're focused on stability or aiming for higher returns, your agent can guide you to the annuity that best matches your unique financial goals.
Preserve Your Assets
Our annuities are designed to protect your savings from depreciation over time, with the added benefit of transferring any remaining funds to your loved ones through a death benefit.
Choose Your Risk Level
You have options: go for an annuity with lower risk and guaranteed future income, or explore one with moderate risk for potentially higher returns.
Opportunity for Growth
If your main goal is to grow your money and you're comfortable with market fluctuations, consider annuities linked to financial market performance for greater growth potential.
Three Types of Annuities to Balance Growth and Security
Fixed Deferred Annuities
These long-term, low-risk options offer guaranteed growth, with taxes deferred until you make a withdrawal.
Variable Annuities
Select from a variety of professionally managed investment choices, providing tax-deferred growth potential and some liquidity.
Hybrid Variable Annuities
A blend of security and growth, this option combines a fixed, index-linked account that protects your principal with the flexibility and growth potential of a variable annuity.
FAQs
Here are some common questions about life insurance and their answers to help you.
What is life insurance?
Life insurance is a contract that provides financial protection to your beneficiaries after your death. It ensures that your loved ones are taken care of financially during difficult times. There are various types of life insurance policies available to meet different needs.
How does it work?
When you purchase a life insurance policy, you agree to pay regular premiums. In return, the insurer pays a specified amount to your beneficiaries upon your passing. The policy can also accumulate cash value over time, depending on the type.
Who needs life insurance?
Anyone who has dependents or financial obligations can benefit from life insurance. It is especially important for parents, homeowners, and those with significant debts. Life insurance provides peace of mind knowing your loved ones are protected.
What are the benefits?
Life insurance offers financial security for your family, covering expenses like mortgage payments, education, and daily living costs. It can also provide tax-free cash benefits to your beneficiaries. Additionally, some policies offer living benefits, allowing you to access funds while you're still alive.
How much coverage needed?
The amount of coverage you need depends on your financial situation and goals. A common rule of thumb is to have coverage equal to 10-15 times your annual income. Consider factors like debts, dependents, and future expenses when determining your needs.
Still have questions?
We're here to help you.
Explore Our Comprehensive Guide to Life Insurance and Annuities
Get Your Custom Insurance Quote
Secure your family's future today. Request a quote or schedule a consultation with us.