Annuity
An annuity comes in many forms, but a simple definition is that an annuity is a contract that converts a sum of money into a series of periodic payments for an agreed upon period of time. An annuity can be thought of as a financial vehicle that converts a pool of money into a stream of income. Annuities are most useful in addressing the financial planning needs of people in or approaching retirement. Annuities are unique in the financial world because they can provide protection against the risk or outliving one’s assets (longevity risk) by guaranteeing income payments in perpetuity or any other selected amount of time. Annuities can be viewed as a type of personal pension plan. Social Security is similar to an annuity in that money contributed over the course of one’s working years is converted into a series of periodic payments that provide income during retirement.
Continental General
CUNA
Country Financial
Country Financial offers a wide array of insurance products that are designed to cover individuals, as well as manage liabilities. The company's product offerings include auto, home/renters, life, farm and ranch, crop, business, long-term care, disability income, medicare supplement, annuities, and personal umbrella insurance. The company's annuity-related offerings include: