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What is an annuity lead and when would I need one?

Updated: 8/20/2019
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12y ago

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"An annuity lead is a contract made between the buyer their insurance company, insuring them future payments in exchange for a fixed sum of money. It is basically one prospect in life insurance, to ensure a person can keep on getting a stable income, such as in retirement or as a result of a lawsuit."

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12y ago
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Q: What is an annuity lead and when would I need one?
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Related questions

How does one purchase annuity?

To purchase an annuity you need to go to an insurance or investment broker. They can be found at SunLife and ManuLife. The minimum annuity cost is $3,500.


Where can one learn about annuity funds?

There are many places where one would be able to learn about annuity funds online. One could visit sites such as Understand Annuities for information regarding annuity funds.


Where can one find charts on annuity comparison?

There are many places where one could find charts on annuity comparison. The best places to find charts on annuity comparisons would be places like banks.


Where could one find information on annuity calculators?

One can find information on annuity calculators by going to the place that provides them. Examples of places that provide annuity calculators would be Bankrate, Aviva and LifeAnnuities.


Where can I find annuity comparisons?

There is a lot of places that you can find annuity comparisons. But the one that I would suggest is J.G. Wentworth. I suggest J.G. Wentworth because they seem like they try everything that they can to get you the cash you want when you need it most.


Is there a difference between a life annuity and an insurance annuity?

There isn't a real difference between life annuity and an insurance annuity. Both are a form of life insurance and deal with the same issues. I would go with either one.


Why do most annuity lead generation systems fail?

Most annuity lead generation systems fail because they are focused on short term, quick money making opportunities. In order to have an improved chance of success, one must focus on creating repeat business and advertising one's name and product.


How can one purchase an annuity?

You need to decide what type of annuity you want to purchase a fixed annuity are for the conservative investor the rate of return is lower. With a variable annuity gives choices of where to invest and amount of payment. A finical advisory will be very helpful to the decision process.


What companies sell leads for annuity sales?

There are a variety of companies that sell leads for annuity sales. One such company is Lead Exchange. They offer a mailing list to companies that pay for it of different leads of other companies and such.


If there are two beneficiaries and one predeceases the NY annuity owner's death who gets the proceeds?

That really depends on the arrangements made by the annuity owner. You need to check the records of the company that holds the annuity account. The company should be informed of the death of the owner and that one beneficiary predeceased the owner. You need to know what arrangements were made.


Why exactly would one buy an annuity?

One purchases an annuity by depositing money, which guarantees a return of regular, fixed payments for a fixed period of time or one's lifetime. One might purchase an annuity so as to receive a payout that is not subject to income or capital gains taxes.


Why should everyone have annuity insurance?

Annuity insurance is a policy which one would have and would withdraw on. They are popular with persons who still would like a steady income after retirement. One could invest and yet still receive funds to live on.