Annuity

Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.

Annuity Quote Form

Annuities are insurance contracts designed to supplement retirement income. Tax-deferral, death benefits and lifetime income are among the key benefits of annuities.

The answer to the question of whether or not an annuity is a good strategy for you can be found in your personal financial objectives. And your objectives will be largely influenced by your age and financial time horizon, your risk-tolerance, your lifestyle and a number of other factors.

Accumulation potential

Some annuities have the potential to earn interest based on the growth of an external index (we call this “indexed interest”). You can choose one or more external indexes every year (or “allocation options”), depending on your financial goals. Other types of annuities offer growth potential through variable investment options.

Tax-deferred growth

You don’t have to pay income taxes on the earnings in your contract until you take money out of your annuity. Tax deferral may help the money in your annuity compound over time, for even greater accumulation potential.

Level of protection

Annuities can help protect the money you place in your contract (the “principal”). Some annuities protect all of your principal from market downturns, while others offer greater potential in exchange for some market risk, including the risk of losing principal.

Retirement income

After a period of time specified by your contract, annuities provide guaranteed retirement income. Some annuities let you choose from a variety of income options – and some even offer the opportunity for income increases in retirement. These options may either be built in to the contract or optional and available for an additional cost.