Individual Payout Annuity
The Product
A Life Annuity policy pays a Monthly Income benefit while the annuitant is alive. A Term Certain Annuity pays a Monthly Income benefit for a fixed number of years.
Assuris’ Protection
If your life insurance company fails, your Payout Annuity policy will be transferred to a solvent company.
- On transfer, Assuris guarantees that you will retain up to $2,000 per month or 85% of the promised Monthly Income benefit, whichever is higher.
Examples click here
Associated and Other Benefits
Questions and Answers