An annuity is a financial product that you buy from a life insurer who, in turn, pays you a regular income for a fixed period, or for the rest of your life. Annuities are ideal  for transforming a lump sum payment into a dependable income stream. Annuities can provide stable and secure income payments for life and there is no need to manage investments.

Types of Annuities

Single Life Annuity

The basic life annuity provides you with an income for as long as you live. Convenient and practical, a life annuity ensures you will never outlive your money.


Joint and Last Survivor Annuity

Payable while either you or your spouse are living. When one spouse dies, the survivor can continue receiving the same income stream or elect to reduce the payments by a given percentage.


Annuity Options:

  • Guaranteed Term
  • Indexing
  • Impaired
  • Prescribed
  • Deferred Annuity
  • Cash Refund Guarantee


If you would like more information on annuities or if you would like a quote please contact us.