What are the different types of annuities?

Different types of annuities

July 16, 2015 5:05 PM

Despite gloomy economic forecasts, there are a variety of options for investors. Because annuities are tax-deferred, they are often an attractive choice. An annuity is created when an insured party gives life insurance companies money that gets distributed back to the insured party over a certain period of time. Full Story »

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Here's why you need whole life insurance
  • Why should I get whole life insurance?
  • July 16, 2015 12:12 PM
  • It seems to be a common theme of ordinary whole life coverage that each benefit helps supply another one. The entirety of a contract provides lifelong protection. Due to the length of time you are covered, the regular premium payments can be spread out so that you can pay them at a lower cost. These level premium payments then allow for the policy to accumulate a reserve of cash that can be used at a later time to take out a loan on a house or pay for college tuition. Full Story »
  • Category: Articles Library, Life Insurance, Whole Life
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