What Is An Annuity?
July 1, 2020 by Elizabeth Rivelli
Life insurance can provide much needed financial support after retirement and as you get older. It also ensures you can provide for your beneficiaries, such as a spouse or next of kin, after your death. However, life insurance isn’t your only option – some people choose to purchase an annuity instead.
An annuity may share a few commonalities with life insurance but is, in fact, very different.
In this article, we’ll explain what an annuity is, how it differs from life insurance, why you may want one and where you can purchase one
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