Fixed Annuity

A fixed annuity provides a guaranteed rate of interest during the accumulation period and a guaranteed (“fixed”) amount of income when the contract is annuitized. With a fixed annuity, the insurance company is responsible for investing the premium payments and therefore assumes investment risk. The insurance company is obligated to provide guaranteed annuity payments regardless of whether their investments have generated an adequate rate of return. With a fixed annuity: 1) the money can go in as a single premium payment or a series of payments; 2) the money is invested at a fixed or guaranteed rate, and; 3) payments are at a fixed rate and can begin immediately or at some future date.

Pacific Life

Short Company Name:

Pacific Life

Long Company Name:

Pacific Life Insurance Company

Pacific Life Company provides its customers with services in annuities, college savings, life insurance, mutual funds, and other products. It also provides financial planning and educational information to its customers. Products include:

1) Fixed Annuity: A fixed annuity provides defined growth of principal and interest, free from taxes until money is withdrawn. Fixed annuities generally guarantee a fixed amount of interest for several years; others guarantee rates from one to three years, and renew at the option of the insurance company.

Company Type:

Insurance Company

Web Site:

www.pacificlife.com

Address

Street Address:

700 Newport Center Drive

Country:

USA

Phone Number:

800-800-7646

Year Founded:

1868

Key Phrases:

Glossary:

Read more about Pacific Life

Key Phrases:

Glossary:

Key Phrases:

North Carolina Mutual

Short Company Name:

North Carolina Mutual

Long Company Name:

North Carolina Mutual Life Insurance Company

North Carolina Mutual Life Insurance Company is located in Durham, North Carolina and has grown as the largest African American managed financial institution in the United States. It was established in 1899 by John Merrick. Apart from it insurance business operations, the North Carolina Mutual Life Insurance Company is also known for its involvement in and support for social programs by way of investments, jobs, contributions etc.

Company Type:

Insurance Company

Web Site:

www.ncmutuallife.com

Address

Street Address:

411 W Chapel Hill St.

City:

Durham

State:

ZIP Code:

27701

Country:

USA

Phone Number:

800-626-1899

Fax Number:

919-682-1685

Year Founded:

1899

Glossary:

Read more about North Carolina Mutual

Key Phrases:

Glossary:

New York Life

Short Company Name:

New York Life

Long Company Name:

New York Life

Company Type:

Insurance Company

Web Site:

www.newyorklife.com

Address

Street Address:

51 Madison Avenue

City:

New York

State:

ZIP Code:

10010

Country:

USA

Phone Number:

800-598-2019

Year Founded:

1979

Key Phrases:

Glossary:

Read more about New York Life

Key Phrases:

Glossary:

Key Phrases:

Nodak

Short Company Name:

Nodak

Long Company Name:

Nodak Mutual Insurance Company

Nodak Mutual Insurance Company was founded in 1946 by North Dakota Farm Bureau with an aim to provide competitive products and superior service to meet the financial needs of its members. Nodak Mutual is headquartered in Fargo, North Dakota and serves the customers across the state.

Nodak Mutual’s product range include auto insurance, home insurance, annuities, crop insurance etc. to individuals and businesses. A brief overview of products offered by Nodal Mutual is as follows:

Company Type:

Insurance Company

Web Site:

www.nodakmutual.com

Address

Street Address:

1101 1st Ave N

City:

Fargo

State:

ZIP Code:

58102