If you are living alone, a single life annuity would be the best. However, if you have a family or a wife/husband, you may want to consider multiple life annuity.
One can find more information on an annuity settlement by visiting a number of different financial firms such as Peach Tree and Sun Life. One can contact a firm for more information and get answers to their questions.
Are the children the beneficiary's of the Annuity? Annuity's are like Life insurance, they have named beneficiary's listed in the contract. If the children are listed, then yes they are going to benefit from this account.
Met Life offers variable annuity funds. You may want to visit the official Met Life website for more information or for their contact information. www.metlife.com
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.
Annuity Life is a contract of insurance between you the buyer and the seller. Variable Annuity Life is a company that covers retirement groups for schools, colleges and Health care.
Yes an annuity is a life insurance product. Its kind of like the opposite of life insurance.
Refund Life Annuity
One can get life time annuity rates from his bank. They must simply speak to their financial adviser who will assist them with getting life time annuity rates.
Travelers Life and Annuity was a subsidiary of The Travelers Companies, Inc. that focused on life insurance and annuity products. In 2004, Travelers Life and Annuity was sold to MetLife, Inc. as part of a strategic decision to divest non-core operations. Following the acquisition, the brand was integrated into MetLife's offerings, and its operations were absorbed into MetLife's life insurance and annuity business.
What is the joint and survivor settlemet option
It is called a life annuity.
In most cases a single premium immediate annuity would be suitable for someone wanting to create a monthly ditribution for a certain period of time or for life. The second choice is whether this will be a single monthly distribution for one individual or a joint payout for two individuals with or without a survivors benefit.