Free Insurance Guide

Indicate your needs, age, and gender in the form below.  Submit the form for a list of annuity products.  Choose the best immediate annuity for your needs.

As with any annuity, immediate annuity quotes depend on how much the seller expects to pay out.

For period certain annuities, that’s all rather straightforward, but with life annuities , some guesswork has to be done.

You can start by determining how much money you will require in your pension each month, then figure out the cost, but for immediate annuities, it is common to start with the question of how much you’re willing to pay, then discover which annuity company can quote you the largest pension.  With immediate annuities, after all, the buyer often intends to sink a particular portion of his/her nest egg into the purchase, regardless of how big the pension will be because the buyer is on the verge of retirement and the annuity’s pension is his/her retirement plan.

Much of what’s used in calculating your immediate annuity quote is your life expectancy. Yo

Read more…

Normally, annuities pay a pension until the annuitant dies .  Period certain annuities pay a pension for a fixed period of time.  If the annuitant dies before the pension period ends, the annuity will continue to pay its pension to whoever inherits the annuity from the original annuitant’s estate.

Anyone can buy period certain annuities.  The question of whether they are preferable to life annuities hangs on the question of what type of financial security the buyer prefers:

Life annuities promise an income stream for a lifetime.  That’s pretty good security because you know that your income will never stop while you need it.  But buying a life annuity also carries an element of risk: what if you die early?  You may not get a good return on your purchase because the pension may last for only a very short time.

With period certain annuities, on the other hand, your pension’s duration is guaranteed.  Whether you live another 6 months or another 100 years, you know exactly how long your pension will issue payments.  The downside is that the pension might not last as long as you need income.

For a compromise between life annuities and period certain annuities, you might purchase a life annuity with a period certain option.   A life annuity with a period certain option guarantees you at least a certain pension duration , but if you outlive that period, it behaves like an ordinary life annuity.

The annuities calculator engine collects basic information about yourself and what type of annuity in order to estimate how much your annuity will probably cost the life insurance company that underwrites it.    In addition, you must indicate either how large you want your pension payments to be or how much you are willing to spend on your annuity.

The annuity calculator may take up to several minutes to fetch and return prices for the annuity products available to you because calculations are not performed locally.  We bring you the freshest data we can, originating with the underwriting life insurance companies.

The underwriting life insurance company is the one that creates the financial products that you buy.  Most of the business they do is performed through third party agencies.  Wholesale Insurance is one such agency.  Using an agency will not increase the price you pay for annuities.  You get the same price even if you use a captive agent .

Not all annuities require you to pay premiums periodically.  Immediate-payout annuities have no accumulation period; you make one payment, and your pension begins.

Immediate-payout annuities usually appear under one of their more common labels: “single-premium immediate annuities,” “SPIAs,” or simply “immediate annuities.”

Immediate annuities are designed to help individuals just prior to retirement or in the early stages of retirement.  Annuities are suited best to people who like set-it-and-forget-it financial products.  Retirees can take their savings, cash in their holdings, and use the funds to buy an annuity which will guarantee an income stream for the remainder of their lives.

Using this website, you can instantly compare CD-type annuity rates.

To shop for other types of annuity, call us at 1-800-823-4852

An “annuity rate” may refer to either 1) the price you pay for an annuity or 2) the interest rate an annuity experiences.

Except for immediate annuities, you must fund your annuity for a while, and when you believe you’ve accumulated enough funds, you can stop paying in and have your annuity start paying out.

For as long as you keep up your annuity’s accumulation phase , you are required to pay premiums .  You may arrange for your annuity to require monthly, quarterly, semi-annual, or annual premiums.

Generally, the premium represents a minimum requirement.  You are at liberty to pay in at greater frequency or greater amount than the required premium.

During a premium’s accumulation phase, it builds interest.

The interest rate may be guaranteed or not guaranteed. 

If your interest rate is guaranteed, it may be fixed for only a certain number of years.  If you maintain your accumulation phase beyond that period, your interest rate will drop, so be sure to learn how long the rate is fixed.

For further information, read about guaranteed interest annuities.

Pick a product from those below, and get annuities quotes from multiple companies, all in one place.  Call if you require assistance: 1-800-823-4852.

Compare SPIA rates — This product is recommended for individuals or couples at retiring age.  You make the purchase with only a single payment and in return, you get a guaranteed pension for the rest of your life.

Compare CD-type annuity rates — CD-type annuities offer the tightest guarantees.  From the time you begin paying into your annuity, you know exactly how much interest you’ll accrue, how long you’ll pay in, how long the pension will pay out, and how large the pension payments will be.  CD-type annuities don’t pay a lifetime pension; rather they pay a pension for a fixed duration, even if you die before it’s through.

Compare Fixed annuity rates — Fixed annuities accrue interest at a fixed rate.  Pay premiums for as long as you want.  When you’re ready, you can trigger the pension, which may be any of the types of annuity pension.

Compare Indexed annuity rates — Each indexed annuity is bound to a particular market index; the rate at which the annuity accumulates interest corresponds to the performance of said market index.  Pay premiums as long as you want.  Trigger the pension when you’re ready; the pension may be any of the types of annuity pension.

Compare rates for other types of annuity — Wholesale Insurance can assist you with purchasing variable annuities or more specialized varieties of annuity.  We don’t offer online services for these products, however, so if you’re interested, pick up the phone or initiate a live chat online.