Home > Glossary > Payout Annuity

Payout Annuity

Payout annuity is a term used to refer to immediate annuities. Payout annuities are purchased with a single lump sum premium payment and the payouts commence shortly (within months) after the annuity has been purchased.

Protective

Short Company Name: 
Protective
Long Company Name: 
Protective Life Insurance Company

Company Type: 
Insurance Company
Web Site: 
www.protective.com
Address
City: 
Birmingham
State: 
AL
ZIP Code: 
35223
Country: 
USA
Phone Number: 
800-866-3555
Year Founded: 
1907
Key Phrases: 
Taxes
Income Annuity
Glossary: 
Annuity
Fixed Annuity
Immediate Annuity
Insurance Company
Insurance
Variable Annuity
Income
Death Benefit
Indexed Annuity
Life Insurance
Income Annuity
Payout Annuity
Ticker Symbol: 
PL
Key Phrases:
Glossary: 
Annuity
Fixed Annuity
Immediate Annuity
Insurance Company
Insurance
Variable Annuity
Income
Death Benefit
Indexed Annuity
Life Insurance
Income Annuity
Payout Annuity
Key Phrases: 
Taxes
Income Annuity

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