Annuities - The Insurance Pros
About Annuities
An annuity is a financial product that provides guaranteed income for a specified period, often for the lifetime of the annuitant (the person who purchases the annuity).
It’s typically used as a way to provide steady income during retirement, though annuities can also be used for other purposes, such as saving for a future goal or ensuring that loved ones are financially secure.
Annuities can be a useful tool to mitigate the risk of outliving your savings, as they turn a lump sum of money into a predictable income stream.
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Annuities are a specialized type of insurance. Every situation is different, therefore, we suggest setting up a one-on-one appointment if you think one of these policies may be a good fit for you!