Category Archives: Life Annuities

Here’s how to make sure your long term care is taken care of for the rest of your life, guarantee that you will never run out of money and not disinherit your kids. A tall order, you say. Yes, but in certain situations all three of these can have a happy ending. Here’s a more than typical scenario… Ruth is 88. She has been diagnosed with moderate Alzheimer’s. Other th......

Looking for the best annuities to take care of your retirement? Want to invest a lump sum in Annuities but not sure what the best annuity package would be? You wouldn’t be on your own. Plenty of people find the subject of Annuities to be rather bewildering. Don’t worry though. Annuities don’t have to be as complex as you might think, especially with the right level of support to help you ......

Holding a life insurance coverage is no longer an option during this time and age. It’s a cushion to fall back on when things get tough and can give you the financial aid required in troubled periods. Here are several advantages of acquiring a universal life insurance policy: Flexibility As compared to other life insurance plans such as whole life insurance or term life insurance, univ......

By the term retirement, we mean a period of repose and indolence. But the question arises as how can one remain free of financial worries even after retirement. Well, we humans are not born to merely breathe in and out but live life comfortably with a financial stability. Although, the post-retirement period brings a carefree life for retirees, the concern for a secured future pricks every ......

The very mention of the term retirement annuity now brings a smile on the the face of the retired. This is due to the fact that this scheme has not only brought about a solution for their fund problems but has also made their life more secure and convenient. This is an amazing opportunity to live life on your own terms even during the twilight years of your life. This scheme also provides l......

Despite the honorable intentions insurance companies and life insurance purchasers have, the sad truth is some people still want to play the system and feel the need to try and make a dollar at someone else’s expense. They turn a tool that’s purchased as a benefit for your family into an unscrupulous way to make some dishonest money. It can also hurt you. Make sure that you also ......

Thousands of individuals call life insurance companies daily looking for that one piece of evidence their loved one had life insurance. They either, lost the paperwork or simply can’t remember the company name that was told to them when everything was fine. This is a problem that is recognized often when it is too late. Now you must scramble for clues and start calling life insurance c......

Those with structured settlements can take advantage of immediate annuities. An annuity is a regular monthly payment from an insurance company for a personal injury claim. An annuity may be paid in small installments over the annuity owner’s life. By accepting a guaranteed schedule of payments, a claimant give up the right to lump sum payments once they start receiving an annuity. Many peo......

If you have been pitched on variable annuities by your broker, financial advisor, or life insurance agent, you’ve already heard everything that is good about them. The sales pitch normally includes benefits such as tax deferral, income for life, and downside protection from market fluctuations. It all sounds well and good until the details on how the annuity is actually going to work are exp......

Annuity is derived from a Latin word -annus- which is a kind of investment medium that’s akin to the Certificate of Deposits that the banks offer. Annuity can simply be referred to as income. Taking it deeper, annuity simply refers to a sum of money that is paid once a year during the life of the beneficiary. Lots of people don’t want to retire and not have money coming in, that&......