16th November 2009
There are two different ways that a premium payment can be made for an annuity. The payment can be a single lump sum, or it can be in multiple installments. The terms used to describe the available payment schemes are single premium and flexible premium.
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15th November 2009
MetLife was founded in 1868, but the origins of the company actually go back five years earlier to 1863. It was then that a group of New York businessmen founded the National Union Life and Limb Insurance Company. This company insured Civil War veterans a...
12th November 2009
MassMutual was originally established in 1851 by George W. Rice. Rice was an insurance agent for a Connecticut life insurance company wanting to open a similar business in Massachusetts. He started the Massachusetts Mutual Life Insurance Company which bec...
05th November 2009
Variable life insurance was created to combine the benefits of permanent life insurance with the benefits of other diversified investment products. Purchasers are able to decide which portion of the premiums is allocated to investments and how much is put...
05th November 2009
As everyone knows, the Internet allows easy access to information and the ability for someone to remain anonymous while they search for the exact piece of information that they need.
The search for annuity information and quotes online is no different...
27th October 2009
Pacific Life has been providing insurance to customers since 1868. The company's first president, Leland Stanford, was issued the company's first ever life insurance policy. Leland Stanford also founded Stanford University, and his wife used the payment f...
22nd October 2009
The ING Group is based in Amsterdam and offers 85 million customers in over 40 countries banking, investments, life insurance, and retirement products. The ING Group also offers services to individuals as well as corporate and institutional clients.
I...
21st October 2009
There are three fundamental different annuity types: fixed, variable, and indexed annuities. Many people believe that all annuities are regulated the same way. However, they are not. The annuity regulation involved depends on the type of annuity product....
21st October 2009
Variable annuities are not the only retirement planning investment option. Actually, there are many alternatives, such as mutual funds, the stock market, a 401(k), a money market, or CD. It is recommended that investors keep a level of diversification in...
16th October 2009
Equity index annuities (EIA) earn interest based on the performance of another financial instrument. Usually this is a stock or an equity index. The most commonly used index for an EIA is the S&P 500.
An alternative to investing in an equity index an...
14th October 2009
Although annuities are sold by companies that also sell traditional life insurance policies, often from the same website or brochure, it does not mean that annuities and life insurance are the same. In fact, many consider annuities to be the reverse of pu...
29th September 2009
Universal life insurance is a relatively new insurance product. It was developed in the 1980s to provide a flexible alternative to whole life insurance. Universal life is a hybrid product that combines the low cost protection of a term policy with the sav...
24th September 2009
In today’s market, there are many different types of life insurance. Term, whole, universal, and variable policies all offer different benefits for different circumstances. Some policies are cheaper than others, and some are more flexible policies than ...
23rd September 2009
People select term life insurance if they have a cost that will eventually go away – such as education fees or a mortgage payment. Term life insurance policies are usually less expensive than a permanent insurance policy. When shopping for term life ins...
22nd September 2009
Annuity products are available from multiple providers. It is important for anyone that is considering purchasing an annuity to know who the top annuity companies are. Below is a list of five top annuity companies and a description of their products and s...
