Thursday 02/09/2012

Learning Center > Annuity Guide > Annuity Guide (An 8 part guide to shopping for the best annuity)

Annuity Guide

An annuity is defined as "income from capital investment paid in a series of regular payments". In short an annuity is a form of contract sold by life insurance companies that guarantees a fixed or variable payment to the annuitant at some future time, usually retirement. Annuities help you manage your savings so you'll have an income in retirement that you cannot outlive.

Our Annuity guide is designed to answer the most common questions help give you an understanding of annuity types, coverage options and benefits to an annuity contract. If you have an specific questions regarding annuities, please contact us and we will respond within 24 hours.

With improvements in healthcare facilities the life expectancy of individuals has gone up considerably. People today, live much longer than they did some 20 years back. This means that it is essential for each one of us to plan and prepare ourselves financially for our lives once we retire. Annuities are just the tool needed to make sure that you are able to convert your pension savings into such income that takes care of your entire life after retirement.

1. What is an Annuity?
2. Who needs an Annuity?
3. Amount to invest in an Annuity?
4. Types of Annuities.
5. Benefits of Annuities.
6. How to buy an Annuity?
7. Reviewing an Annuity Policy
   • What is a Free Look Period?
   • Losing an Annuity Policy
   • Withdrawing Money from an Annuity
8. Things to remember while purchasing an Annuity

Annuity Quote

More Annuity information (located off site):

Insurance Information Institute
http://www.iii.org/

American Council of Life Insurers
http://www.acli.com/ACLI/Consumer/Annuities/Default.htm

It is a good idea to review the background of your annuity broker or individual You should do a check with a reputable organiztion such as the NASD (National Association of Securities Dealers). You can do check on your broker at http://pdpi.nasdr.com/PDPI/. This is a site operated by the NASD.

Organization: National Association of Variable Annuities
Phone: 1-703-707-8830
http://www.navanet.org