Cornerstone Insurance Agency
  • Home
  • Quotes
    • Commercial Lines >
      • Business Insurance Quote
      • Commercial Auto Quote
      • Commercial Umbrella Insurance Quote
      • Insurance Bond Quote
      • Inland & Ocean Marine Quote
      • Group Benefits Insurance Quote
      • Real Estate Insurance Quote
      • Workers Compensation Quote
      • Vacant Building and Builders Risk Quote
    • Professional Lines >
      • Cyber Liability Quote
      • Disability Insurance Quote
      • Directors and Officers Insurance Quote
      • Employment Practices Liability Quote
      • Error & Omissions Quote
    • Personal Lines >
      • Home Insurance Quote
      • Renters Insurance Quote
      • Landlords Insurance Quote
      • Flood Insurance Quote
      • Auto Insurance Quote
      • Boat Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Life & Health Lines >
      • Health Insurance Quote
      • Dental Insurance Quote
      • Vision Insurance Quote
      • Medicare Supplement Coverage Quote
      • Life Insurance Quote
    • Other Quotes >
      • Special Event Insurance Quote
  • Insurance
    • Commercial Lines >
      • Umbrella Insurance
      • Business Insurance
      • Group Benefits
      • Workers Compensation
      • Insurance Bonds
      • Real Estate Insurance
    • Professional Lines >
      • Cyber Insurance
      • Employment Practices Liability
      • Disability Insurance
      • Professional Liability Insurance
    • Personal Lines >
      • Home Insurance
      • Renters Insurance
      • Landlords Insurance
      • Flood Insurance
      • Auto Insurance
      • Boat Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • RV Insurance
    • LIfe & Health Lines >
      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • Medicare Supplement Coverage
      • Life Insurance
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact
  • Home
  • Quotes
    • Commercial Lines >
      • Business Insurance Quote
      • Commercial Auto Quote
      • Commercial Umbrella Insurance Quote
      • Insurance Bond Quote
      • Inland & Ocean Marine Quote
      • Group Benefits Insurance Quote
      • Real Estate Insurance Quote
      • Workers Compensation Quote
      • Vacant Building and Builders Risk Quote
    • Professional Lines >
      • Cyber Liability Quote
      • Disability Insurance Quote
      • Directors and Officers Insurance Quote
      • Employment Practices Liability Quote
      • Error & Omissions Quote
    • Personal Lines >
      • Home Insurance Quote
      • Renters Insurance Quote
      • Landlords Insurance Quote
      • Flood Insurance Quote
      • Auto Insurance Quote
      • Boat Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Life & Health Lines >
      • Health Insurance Quote
      • Dental Insurance Quote
      • Vision Insurance Quote
      • Medicare Supplement Coverage Quote
      • Life Insurance Quote
    • Other Quotes >
      • Special Event Insurance Quote
  • Insurance
    • Commercial Lines >
      • Umbrella Insurance
      • Business Insurance
      • Group Benefits
      • Workers Compensation
      • Insurance Bonds
      • Real Estate Insurance
    • Professional Lines >
      • Cyber Insurance
      • Employment Practices Liability
      • Disability Insurance
      • Professional Liability Insurance
    • Personal Lines >
      • Home Insurance
      • Renters Insurance
      • Landlords Insurance
      • Flood Insurance
      • Auto Insurance
      • Boat Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • RV Insurance
    • LIfe & Health Lines >
      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • Medicare Supplement Coverage
      • Life Insurance
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact


Annuities

Protect your future with guaranteed income for the rest of your life. Speak with our financial experts today to find the best options for your financial situation.

get a quote
Contact Us

What is an Annuity?

Annuities are contractually-executed, relatively low-risk investment products; the insured (usually, an individual) pays a life insurance company a lump-sum premium at the start of the contract. That money is to be paid back to the insured in fixed, incremental amounts, over some future time period (predetermined by the insured). The insurer invests the premium; the resulting profit/return on investment fund the payments received by the insured, and, compensate the insurer. 

Conventional annuity contracts provide a predictable, guaranteed stream of future income (e.g., for retirement) until the death(s) of the beneficiaries(s) named in the contract, or, until a future termination date – whichever occurs first. These financial instruments have been used to accumulate funds and provide significant and sudden increases in personal income (via future, lump-sum withdrawals), all while legally avoiding the taxes (e.g., income-, capital gains-, estate-) that would otherwise be assessed on them.

Immediate Annuities vs. Deferred Annuities

An Immediate Annuity is an insurance policy which, in exchange for a sum of money, guarantees that the issuer will make a series of payments. These payments may be either level or increasing periodic payments for a fixed term of years or until the ending of a life or two lives, or even whichever is longer.

A Deferred Annuity is a contract that is chiefly a vehicle for accumulating savings with a view to eventually distribute them either in the manner of an immediate annuity or as a lump-sum payment

Contact us to learn more about the right annuity for you.
(888) 661-8831​
214-11 Northern Boulevard
Suite 202
Bayside, NY 11361​
Click Here to Email Us
Annuity Quote
Annuities provide guaranteed income for life

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Cornerstone Insurance Agency​
214-11 Northern Boulevard
Suite 202
Bayside, NY 11361
(888) 661-8831
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash