Income Annuity

We pride ourselves on our attentive service to our clients and our reputation for designing the best possible plan coverage. In fact we go so far as to guarantee no other agency can find you more comprehensive coverage for less premium. Please feel free to contact us at 1-877-777-7055 or fill out our annuity quote form.

Income Annuities

An Income Annuity is a fixed or variable annuity that pays a certain monthly or (rarely) annual sum for the term of the annuity. The payments begin as soon as the annuitant buys the annuity. Usually, the annuity’s term is the remainder of the annuitant’s life, and sometimes the life of the surviving spouse, depending on the nature of the particular contract. An income annuity is usually purchased for a lump sum, and is designed to provide a stable income for the annuitant, generally in retirement.