ivari’s Single Premium Immediate Annuities provide guaranteed regular payments made to you for life, or for a specific period of time, in return for a lump sum premium.
A single life annuity delivers income throughout the annuitant’s lifetime, with optional guaranteed payment periods. Income can be distributed monthly, quarterly, semi-annually or annually. Should a guarantee period be elected and the annuitant pass away before its conclusion, payments extend to the beneficiary until that period ends.
This annuity supports two people, starting with the primary annuitant and continuing with the successor annuitant. The payments are guaranteed while at least one of the annuitants is living. Monthly through annual payment frequencies are available, along with optional guarantee periods and the flexibility to adjust payment amounts at specific milestones.
A term certain annuity ensures guaranteed, regular income for a selected period of time. Income payments cease and the annuity contract ends when the selected period of time is up.
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