Annuity specially design to help a long-range of financial goals or needs. A contract between and insured party or an insurance company. Annuity insurance provide a guaranteed distribution of income overtime.

Types of Annuities

  • A fixed annuity – a guaranteed payout based on the premium paying ability of the issuing company
  • A variable annuity – payout based on the performance of the annuity under in investment
  • An immediate annuity – your payouts can begin as soon as contract established between customer or an insurance company