Life Insurance & Annuities
In the event of a tragedy, life insurance may be one of the most important purchases you’ll ever make. Life Insurance can help pay the bills, finance future needs, continue the family business, and much more. Life Insurance is essential for just about everyone to own. Let one of our experts sit down and review your current life insurance policy, or help you find a new term or permanent life insurance policy which would keep your family financially secure in the event of a tragedy.
An annuity is a contract between you and an insurance company, which is designed to meet long-range financial goals, such as retirement.
There are three basic types of annuities — fixed annuity, indexed annuity, and variable annuity.
- Fixed Annuities agree to pay you no less than a specified rate of interest during a given time.
- Indexed Annuities credits you with a return that is based on an index. For example the S&P 500 Index. These contracts provide a contract value that will be no less than a specified minimum, regardless of index performance.
- Variable Annuities invests your money into different investment options, typically mutual funds. The rate of return you receive is based upon the performance of the investment option that you selected.
For more information on Annuities contact one of our agents to help you select an annuity that is best for you and your long-term goals.