Free Insurance Guide

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.

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