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

• Joint and Survivors Annuity
• Cash Refund Annuity
• Commutation of Guaranteed Periodic Payments at Death
• Increasing Annuity

Questions and Answers

• What happens if I have more than one policy?
• What if I receive quarterly or annual benefit payments?