Annuities

Annuities

The Insurance House specializes in annuity products to fit the specific needs of seniors across Southern Illinois. As an independent insurance agency, we work with many popular insurance carriers to find the suitable program that works for you. When you partner with us, you’re financially covered over the long haul.

What is an Annuity?

An annuity is a long term investment that is designed to secure you from the risk of outliving your income. Your contributions to the annuity are converted into periodic payments that will last over your lifetime. With our plans, you can choose from a variety of options, including, but not limited to:

  • Deferred: Your money is invested for a period of time until you are ready to begin taking withdrawals
  • Immediate: You start receiving payments shortly after your first investment
  • Variable: Allows you to choose from a selection of investments, and then pays you a level of income in retirement that is determined by the performance of the investments you choose
  • Fixed: The payout is a fixed sum. It can be either deferred or immediate. The deferred option accumulates regular interest rates, while the immediate option makes fixed payments (set by your age and size of your annuity) during retirement.

We’ve been the premiere choice for Illinois annuities in Marion, West Frankfort, and Carbondale for over 75 years. Call one of our agents today at (618) 997-1311 to get started on your tailored annuity program!