ale of annuities is actually very lucr

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Lifetime annuity- A Lucrative Offer

Posted On : Jan-11-2012 | seen (243) times | Article Word Count : 371 |

Lifetime annuity is a lucrative offer for both the providers of annuity as well as the purchasers of the annuity. Life annuity offers a chance to the individuals to stay in their homes and obtain a steady source of earning as well. An income guaranteed for your entire lifetime- does not it sound great? It is not a mere dream. It is reality and individuals can acquire this by purchasing an instant annuity or else by opting for the payout option of lifetime annuity. For instance while individuals get retirement from their jobs or obtain earnings from insurance provider as per guaranteed in the contract of the life insurance.



Previous to individuals make up their mind finally to purchase the lifelong annuity they must be aware of the big monetary picture. Here are the essential guides provided so that the investment in annuities turns out to be a wise decision of individuals.



When any individual purchases life annuity, it means they are releasing the actual worth of their residential property. Money coming from such annuity provides individuals with two choices regarding the form in which they can take that money. On one hand the individuals have got the option of receiving the entire money in a lump sum amount at a time and on other hand providers can give the individuals the option of acquiring the money every month that is in form of monthly installments. Therefore in this way the individuals are provided by the annuity providers a steady earning stream after they get their retirement from jobs.



The sale of annuities is actually very lucrative for the annuity providers


The annuity