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What is Medical Insurance

Life Insurance

What is Medical Insurance

Medical are insurance contracts between that provide payments to you so you are financially secure during retirement. These payments can be immediate or happen in the future depending on which kind of annuity you purchase. For further information, reach out to your agent at Steve Jones Perez Health & Wealth Advisory. 

What Is an Medical Insurance?

An Medical is a long-term investment between you and your insurance company. After you make a lump-sum payment or a series of payments, your insurance company will make periodic payments starting on a set date or immediately, if so designated.  

What Are the Different Types of Medical ?

Fixed

Your insurance company pays you a minimum rate of interest and fixed period payments. Which is regulated by each individual state. Be sure to check with your unique regulations.

Variable

Your insurance company allows you to choose where you would like to invest your payments from different options such as mutual funds. Payments and rate of return will vary.

Equity-indexed

Your insurance company credits you with a return based on changes in an equity index during the accumulation period. A minimum return is typically guaranteed by your insurer.

What Are the Benefits of Medical ?

Most people invest in Medical to secure financial security during retirement. There are two phases of annuities: the accumulation phase and the payout phase. All areas of investment carry a level of risk along with benefit. It’s important to assess the financial strength of a company before investing because you want to be sure they will still be around during the payout phase.  

The main benefit of investing in annuities is to ensure you have financial stability during retirement and after you stop receiving a regular paycheck. The following benefits also apply:  

They enable you to diversify your portfolio.
They help ensure you avoid outliving your assets.
They protect assets from creditors.
are annuities bad investments

Still have you any problem for solutions?

At Steve Jones Perez Health & Wealth Advisory we want to help you learn about a future with an annuity. Contact us today to speak with an agent about annuities. 

Head office address:

P.O. Box 281 Alpine, CA 91903

Call for help:

619-952-3380

Mail for information:

lifesettlement@hotmail.com