Immediate Annuity

An annuity with payouts that commence shortly (within months) after the annuity has been purchased. Immediate annuities are purchased with a single (lump sum) premium payment. Immediate annuity payments can be either fixed or variable. The payout period can be a certain amount of time such as 10 years, or can be guaranteed for the duration of the annuitant’s life (a life annuity). With an immediate annuity: 1) money goes in immediately as a single premium payment; 2) the money can be invested at a guaranteed rate or a variable rate, and; 3) payments from the annuity start right away.

West Coast Life

Short Company Name: 
West Coast Life
Long Company Name: 
West Coast Life

West Coast Life Insurance Company was started in 1906 in San Francisco with industry veteran Dr. George A. Moore as the president of the company. In 1997, West Coast Life Insurance Company merged with the Protective Life Insurance Company and now it operates as its subsidiary.

West Coast Life offers term life insurance, universal life insurance, survivor life insurance, and annuity products to individual customers. The description of their products is as follows:

Company Type: 
Insurance Company
Address
Street Address: 
2801 Highway 280 South
City: 
Birmingham
State: 
AL
ZIP Code: 
35223
Country: 
USA
Phone Number: 
1-800-456-6330
Fax Number: 
888-615-9619
Year Founded: 
1906

Farm Bureau Financial

Short Company Name: 
Farm Bureau Financial
Long Company Name: 
Farm Bureau Financial Services

Farm Bureau Financial Services was started to support the members of the Iowa Farm Bureau Federation, more than 70 years ago. Today, Farm Bureau Financial Services companies that include the Farm Bureau Property & Casualty Insurance Company and Farm Bureau Life Insurance Company serve the insurance needs of both the rural and urban population.

Company Type: 
Insurance Company
Address
Street Address: 
5400 University Avenue
City: 
West Des Moines
State: 
IA
ZIP Code: 
50266
Country: 
USA
Phone Number: 
1-800-247-4170
Fax Number: 
800-754-6370

GPM Life

Short Company Name: 
GPM Life
Long Company Name: 
Government Personnel Mutual Life Insurance Company

Government Personnel Mutual Life Insurance Company (GPM Life) focuses on providing insurance products to military service members, retired military individuals, federal civil service employees and civilian families. GPM Life was started in 1934 by retired Army Colonel P.J. Hennessey and became the first insurance company to provide life insurance cover to qualified U.S. military service members even if they lose their lives in the event of war. Government Personnel Mutual Life Insurance Company offers life insurance, annuity and supplemental health products.

Company Type: 
Insurance Company
Address
Street Address: 
2211 NE Loop 410
City: 
San Antonio
State: 
TX
ZIP Code: 
78217
Country: 
USA
Phone Number: 
800-938-4765
Fax Number: 
888-701-3869
Year Founded: 
1934

Annuity Taxes

META Tag Title: 
Annuity Digest Buying Guide: Annuity Taxes

The following list provides links to some of the key terms discussed in this chapter on

Annuity Fees and Expenses

META Tag Title: 
Annuity Digest Buying Guide: Annuity Fees and Expenses

Expenses should be a top priority for any financial services consumer.  Many people have been conditioned to be aware of expenses when it comes to investment products.  Indexed-bases investment management companies such as

Companies: 

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