Term Insurance
Term Insurance 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 Term Insurance?
A Term Insurance 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 Annuities?
Fixed
Variable
Equity-indexed
What Are the Benefits of Term Insurance?
Most people invest in term insurance 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:
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.
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