Annuity Current Rates, News & Information
What is a Survivor Annuity?
Posted in Annuity , Life Insurance , Life Insurance Riders
April 23rd, 2009
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If you are in the process of planning your retirement, you are probably now considering things you never thought you would. One such question may be, “What is survivor annuity?” Survivor annuity is a type of annuity that provides participants a source of fixed income every month. Typically, spouses opt into survivor annuity plans and when one of the partners die, the other will continue to get a check in half of the fixed amount for the rest of their life. 
What is an Annuity Forfeiture?
Posted in Annuity , Life Insurance , Life Insurance Claims , Life Insurance Riders , Permanent Insurance , Term Insurance
April 20th, 2009
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Planning for retirement is crucial to ensuring that you will be able to provide yourself with a level of comfort when you are no longer working. One such investment tool many utilize to ensure a steady cash distribution is by arranging an annuity with a life insurance company. Individuals make a contract with an insurance company where the individual pays regular premiums until a set date that the annuity starts providing the policyholder with payouts. Annuities can be a good investment tool, but in some circumstances a pure life annuity can result in a forfeiture of investments.
What is a Pure Life Annuity?
Posted in Annuity , Life Insurance , Life Insurance Claims , Life Insurance Riders , Permanent Insurance
April 17th, 2009
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Retirement planning is an essential task everyone must pursue in order to provide a level of financial comfort for themselves. One investment tool that is commonly used are annuities, where you pay a premium over an extended period of time in order to collect cash benefit payments at a later date. A pure life annuity follows that basic structure,and offers either fixed or variable payments until the annuitant perishes. At that point, the payment cycle is terminated.
What if an Annuitant Outlives Their Policy Term?
Posted in Annuity , Life Insurance , Life Insurance Claims
April 15th, 2009
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If you are a contract owner with an insurance company where you pay dues expecting a future payout, then you are an annuitant. Typically, annuity payouts are structured to start out at retirement, but the contract holder can really opt for distributions for any time period they choose. If you start your payout benefits earlier or live anexponentially long time, you may actually outlive the life of your policy. If that is the case, what happens when the annuitant outlives their policy term?
What if an Annuitant Passes Away Before Their Term Expires?
Posted in Annuity , Life Insurance , Life Insurance Claims , Permanent Insurance , Term Insurance
April 14th, 2009
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People who get permanent life insurance are taking care of two important issues at the same time: they’re ensuring the financial safety of their loved ones in the event that they will die suddenly; and they’re planning for their retirement. A permanent life insurance policy has what’s called a cash-value factor. This means that, unlike term life insurance, all the money you put into your permanent life insurance policy (in the form of your premiums) starts to accrue, and goes into a fund which you can get back when you want to.
Adding Conditions to an Annuity
Posted in Annuity , Life Insurance
March 31st, 2009
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Retirement planning takes thought, effort and dedication to be beneficial when the time comes. One possible vehicle that many investors opt into for devising their long term strategy is by becoming a contract holder of an annuity with a life insurance company. When a person decides to invest in an annuity, they are actually making an agreement with an insurance company that they will pay now towards life-time disbursements later.