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.

Savings Bank Life

Short Company Name:

Savings Bank Life

Long Company Name:

Savings Bank Life Insurance of Massachusetts

Savings Bank Life Insurance Company of Massachusetts was founded in 1907 by Louis D. Brandeis, a prominent Boston attorney, with a concept of selling life insurance through savings banks in Massachusetts. Today, the company offers its products through savings banks as well as directly to consumers in 39 states including District of Columbia.

Savings Bank Life Insurance offers a variety of life insurance and annuity products and has the largest amount of life insurance in force in the state of Massachusetts. The products offered by Savings Bank Life Insurance are:

Company Type:

Insurance Company

Web Site:

http://www.sbli.com/

Address

Street Address:

One Linscott Road

City:

Woburn

State:

ZIP Code:

01801

Country:

USA

Phone Number:

1-800-694-7254

Fax Number:

781-935-6174

Year Founded:

1907

Key Phrases:

Glossary:

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Glossary:

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Sagicor Life

Short Company Name:

Sagicor Life

Long Company Name:

Sagicor Life Insurance Company

Company Type:

Insurance Company

Web Site:

http://www.sagicorlifeusa.com/

Address

Street Address:

4343 N Scottsdale Road Ste 300

City:

Scottsdale

State:

ZIP Code:

85251

Country:

USA

Phone Number:

800-531-5067

Fax Number:

480-425-5126

Year Founded:

1840

Glossary:

Single Premium Annuity

Income

Indexed Annuity

Fixed Indexed Annuity

Life Insurance

Single Premium Immediate Annuity

Income Annuity

Key Phrases:

Insurance Companies

Earnings

Ticker Symbol:

SFI.L

Read more about Sagicor Life

Key Phrases:

Glossary:

Single Premium Annuity

Income

Indexed Annuity

Fixed Indexed Annuity

Life Insurance

Single Premium Immediate Annuity

Income Annuity

Key Phrases:

Insurance Companies

Earnings

Royal Neighbors

Short Company Name:

Royal Neighbors

Long Company Name:

Royal Neighbors of America

Royal Neighbors of America is a not for profit fraternal benefit society engaged in offering insurance and related products to fulfill a variety of needs for growth, savings, and protection. It was founded in 1895 with an aim to offer affordable life insurance to the women in United States. Today it sells life insurance products to both men and women.

The product range offered by Royal Neighbors of America includes Whole Life Insurance, Term Life Insurance, Universal Life Insurance, Annuities and Medicare Supplement Insurance. A high level description of these products is as follows:

Company Type:

Insurance Company

Web Site:

http://www.royalneighbors.org/Home.aspx

Address

Street Address:

230 16th Street

City:

Rock Island

State:

ZIP Code:

61201

Country:

USA

Phone Number:

800-627-4762

Fax Number:

309-788-1439

Year Founded:

1895

Key Phrases:

Glossary:

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Key Phrases:

Glossary:

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First SunAmerica

Short Company Name:

First SunAmerica

Long Company Name:

First SunAmerica

First SunAmerica Life Insurance Company is an indirect subsidiary of SunAmerica Life Insurance Company and a wholly owned direct subsidiary of American International Group Inc. It was founded in 1978 and is located in New York City.

First SunAmerica Life Insurance Company is engaged in selling and administering annuity products for retirement savings. It offers fixed and income annuity contracts in New York, New Mexico, and Nebraska. Below is an overview of the products offered by First SunAmerica:

Company Type:

Insurance Company

Web Site:

http://www.fsaannuity.com/

Address

Street Address:

733 Third Avenue 4th Floor

City:

New York

State:

ZIP Code:

10017

Country:

USA

Phone Number:

1-877-289-0256

Fax Number:

806-342-1802

Year Founded:

1978

Key Phrases:

Glossary:

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Key Phrases:

Glossary:

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EquiTrust

Short Company Name:

EquiTrust

Long Company Name:

EquiTrust Life Insurance Company

EquiTrust Life Insurance Company is located in West Des Moines, Iowa and was founded in 1966. As of April 2011, Equitrust operates as a subsidiary of FBL Financial Group, Inc. The product range offered by EquiTrust to individuals includes fixed and indexed annuities, mutual funds and life products. The description of products offered by EquiTrust is as follows:

Index Annuities: EquiTrust offers normal indexed annuities as well as indexed annuities with bonus option that is paid over a specified period of time along with the interest.

Company Type:

Insurance Company

Web Site:

http://www.equitrust.com/

Address

Street Address:

5400 University Avenue - Attn: Box 14500

City:

West Des Moines

State:

ZIP Code:

50266