What is an annuity?


Annuities are one of the most overlooked and underutilized financial products available in the market.  They provide safety, security, and guarantees.  Annuities are the only financial products which have truly withstood the test of time.  You may be surprised to find that annuities date back to Roman times and have been in existence for over two thousand years.

Annuities have been used as a “Flight to Safety” during the European market crashes in the mid-1800’s, the Stock Market Crash of 1929, Black Monday crash in 1987, and the financial meltdown of 2008.  In the last year, over 100 billion dollars were transferred from stock market investments to annuities in a flight to safety.

Annuities offer a guaranteed minimum rate of return, have reserve requirements for each annuity contract issued, and are backed by the assets of the insurance company.