Fixed Annuities Can Be a Top Security Asset for Women

Fixed Annuities Can Be a Top Security Asset for Women

But by its design an annuity works a little differently. An annuity offers guaranteed income for life, if you choose it to work that way. And you invest money into it same as you would any other money market account, like a 401k.
This is particularly likely for women, according to a recent report by New York Life Insurance Company, who traditionally endure a significantly longer retirement than men despite weathering the same economic conditions beforehand. The company said that women accounted for 64 percent of customers with fixed immediate annuities in 2009.

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Offering the Lowest Life Insurance Rates Since 1984

Offering the Lowest Life Insurance Rates Since 1984

For 36 years, LifeQuotes.com has been offering the lowest life insurance rates in an online or over the phone quoting process. Our quote engine is one of a kind and will take the information you give us regarding your health, family health history and lifestyle and filter your data to offer you the top plans best-suited to your unique needs. Visit LifeQuotes.com today and see how to secure your family’s financial well-being. Our simple phone…

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What a Life Insurance Company Owes Its Clients

What a Life Insurance Company Owes Its Clients

A life insurance company owes its clients certain things. Selling a policy is much like offering a promise and it’s one companies do not take lightly. Insurance companies are responsible for developing successful products, marketing them ethically, following underwriting procedures and, if need be, paying proper compensation. First and foremost, product development is the most essential element a life insurance company can offer its clients. Their primary goal should be to provide quality, cost-effective policies…

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How Is Life Insurance Sold?

How Is Life Insurance Sold?

You can buy life insurance either as an “individual” or as part of a “group” plan. Individual Policy When you buy an individual policy, you choose the company, the plan, and the benefits and features that are right for you and your family. You might be able to buy the policy from the same agent or company representative who sells you property and liability insurance for your home, auto or business. And although you won’t…

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How Should I Choose a Life Insurance Agent?

How Should I Choose a Life Insurance Agent?

When you’re considering buying life insurance, it’s important to choose an agent or broker who can help you. Buying life insurance can be complicated or confusing. The key to buying the right amount and the right type of policy at a good rate is a good agent or broker. You should choose one who: Understands your financial situation, including your attitudes about risk, your income and estate tax “brackets,” and your other financial assets and…

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How Can I Replace a Permanent Life Insurance Policy?

How Can I Replace a Permanent Life Insurance Policy?

Because of the cash-value elements and its complexities, it is much more difficult to analyze a permanent life insurance policy in a potential replacement situation. Also, there are many different types of permanent policies. The worksheet provided here offers assistance on any policies that builds cash value, including whole life, universal life, variable life, variable universal life, and other variations.

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What Would Designate You a Tobacco User by Life Insurance Companies?

What Would Designate You a Tobacco User by Life Insurance Companies?

In any event or situation, the usage of tobacco will increase your premium; the only question is by how much. Every life insurance company treats the different forms of tobacco – cigarettes, cigars, and chewing tobacco – in their own fashion, which is why companies will ask you very specific questions during the application process.

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