Fixed Annuities are long-term insurance contracts that compare to and compete with a bank CD. Annuities offer many advantages with some disadvantages or considerations. While a simple concept, it can be difficult to explain how incorporating fixed annuities into your overall business insurance plan may be a superb strategy for you and your business.
Like CD’s, Fixed Annuities are considered a “savings” vehicle that is “safe”, but neither are designed to protect you against inflation. It makes perfect sense to seek out a free annuity insurance consult with one of our independent agents here at TriState Business Insurance. Whether your concern is how much income you need or how long you need income, you can be confident that a licensed insurance professional will help you understand and address all strategies designed to protect you and your business.
Having the right annuity insurance protects both your personal and your business interests. Some combination of annuity insurance and traditional life insurance is quite possibly a safe, affordable, and even profitable business management approach.
To find out more about the different options for annuity insurance policies, contact TriState Business Insurance.