Annuity Life Insurance

An annuity life insurance policy is a type of insurance that provides a guaranteed income stream for the rest of your life. It is a great way to ensure that you have a steady income in retirement and can help you plan for the future.

There are two types of annuity life insurance policies: immediate and deferred. An immediate annuity policy starts paying out right away, while a deferred annuity policy starts paying out at a later date.

One of the benefits of annuity life insurance, like many other life products, is that it can provide a tax-deferred growth of your investment. This means that you won’t have to pay taxes on the money you earn until you start receiving payments.

Annuity life insurance is a great option for business owners. It helps you plan for the future. Annuity life insurance offers several benefits for a business owner:

  • Tax-deferred growth: The money you invest in an annuity grows tax-deferred, meaning you won’t pay taxes on the earnings until you withdraw the money.
  • Guaranteed income: An annuity provides you with a guaranteed income stream, which can help you plan for retirement or other future expenses.
  • Protection from creditors: In many states, annuities are protected from creditors, which can be especially important for business owners.

Mosaic Insurance Group specialize in helping business owners and individuals plan for the future in the state of Georgia and the surrounding Southeast States. Our team of experts can help you determine if annuity life insurance is right for you.

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Are you ready to save time, aggravation, and money? The team at Mosaic Insurance Group is here and ready to make the process as painless as possible. We look forward to meeting you!

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