In its most general sense, an annuity is an agreement for one person or organization to pay another a stream or series of payments. Usually the term “annuity” relates to a contract between you and a life insurance company, but a charity or a trust can take the place of the insurance company.

There are many categories of annuities.
They can be classified by:

✔ Primary purpose – accumulation or pay-out (deferred or immediate)

✔ Nature of pay-out commitment – fixed period, fixed amount, or lifetime

✔ Tax status – qualified or nonqualified

✔ Premium payment arrangement – single premium or flexible premium

These videos are for educational purposes. We represent many of the top carriers available. We will review your unique situation and be able to offer you a variety of carrier products and plans to choose from.

 

Buying An Annuity
Questions to Ask When Purchasing a Fixed Indexed Annuity

 

Doran Independent Insurance, LLC

64 Center Street
Wolfeboro, NH 03894

Mailing Address:
PO Box 70
Wolfeboro Falls, NH 03896

 603-569-6464

 603-569-8664

 Monday - Friday 8:30am-5:00pm