Assurity Life Insurance Company offers a range of annuity products designed to help individuals plan for their financial future and retirement. Annuities are financial contracts typically provided by insurance companies, and they are designed to provide a stream of income or a lump-sum payment to the annuitant, often during retirement.
Assurity provides various types of annuities, including fixed annuities and fixed indexed annuities. Fixed annuities offer a guaranteed interest rate and predictable income, making them a conservative choice for those seeking stable returns. Fixed indexed annuities offer the potential for higher returns tied to the performance of a specific index, such as the S&P 500, while still providing downside protection. These annuities aim to offer individuals a way to accumulate savings and create a source of income during retirement.
Assurity's annuities are often used as part of retirement planning strategies. Annuities can provide financial security and peace of mind by offering guaranteed income during retirement years, helping individuals manage longevity risk and maintain their standard of living. The company's annuity products are designed to help individuals achieve a more comfortable and financially stable retirement.
Assurity typically works with individuals to tailor annuity solutions to their unique financial goals and risk tolerance. Annuities can be customized to include various features, such as death benefits for beneficiaries and options for inflation protection. The flexibility of Assurity's annuity offerings allows individuals to select the product that best aligns with their retirement objectives.
As with any financial product, individuals considering annuities should conduct thorough research, understand the terms and features, and, in many cases, seek advice from a financial advisor to ensure the product meets their specific financial needs and retirement planning goals.
Assurity Life Insurance Company has a history that traces back over a century, with its roots dating to 1890. Originally known as the Modern Woodmen Accident Association, the company began by providing accident insurance coverage to its members. Over the decades, the company evolved and expanded its services to meet the changing needs of its policyholders.
In 2007, the company adopted the name Assurity to reflect its commitment to providing assurance and security through a wide range of insurance and annuity products. Assurity has maintained a strong focus on customer service and innovation, continually adapting to the evolving landscape of the insurance industry.
With over a century of experience, Assurity has established itself as a reliable and customer-centric insurance provider. The company's legacy of financial stability, coupled with its dedication to helping individuals plan for their financial futures, underscores its role as a trusted partner in providing insurance and annuity solutions.