Straight Life Annuity at Life

Straight Life Annuity. 100% online or with a licensed agent. A life plus period certain annuity combines the lifetime payout benefit of a straight life annuity with the option to pass down unused premium payments to a beneficiary offered with a period certain annuity.

Unlike permanent life insurance, straight life annuities don’t offer a death benefit for your beneficiaries. Ad affordable life insurance with no medical exam. A straight life annuity will guarantee you a stream of payments throughout your life, but those payments end upon death.

Lincoln Annuity New Directions 6 Annuity

The annuitant usually purchases the annuity with a lump sum deposit, and the insurer promises to make a fixed regular payment to the annuitant for life. 100% online or with a licensed agent. A straight life retirement annuity means that the retiree will receive a monthly annuity payment for as long as she lives, and then the payments stop. If the abovementioned applies to you, you could purchase straight life annuity and experience lower premiums and higher payouts, especially compared with other types of retirement insurance products.