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Single Premium Immediate Annuities

Request a Quote for Yourself
For assistance call 1-508-947-9388

What is a Single Premium Immediate Annuity?
A Single Premium Immediate Annuity is a contract between you and an insurance company. By paying in a lump sum of money you are guaranteed to receive a series of payments over a period of time. The amount of the payment is determined by both the current interest rate at the time your contract is issued and by choices you make from a wide variety of payment options. Once your contract is issued, your payments are fully guaranteed for the period of time you have chosen.
Single Premium Immediate Quote
For two lives please use: Joint SPIA Quotes

Personal Data

Please select annuitants state of legal residence.

If you are the only one receiving an income please complete this section and you are known as the Primary Annuitant.

If you and another person are both to receive income from this annuity please go to this section:

Primary Annuitant's
Date of Birth (required):


Life Income Options
These options are based on your life expectancy. They ALL will pay you an income for as long as YOU live. Some of the options have guarantees built into them thereby assuring someone, (you or your beneficiary) that they will receive a guaranteed minimum amount.
Life Only
Payments will continue for the rest of your life. Upon your death all payments will stop. This is NOT an option you would chose if you want to leave some money to your beneficiary.
Life and Period Certain
Life and period certain means payments will continue for the rest of your life, but for no less than the stated number of years. If you should die before the end of the stated number of years, your beneficiary would continue to receive the payments for the remainder of those years.
If you chose this option you must select a guaranteed period of at least 5 but no more than 50 years.
Life with Cash Refund
Payments will continue for the rest of your life. If you should die before you have been repaid your initial investment, the balance of your initial investment will be paid in a Single Sum to your beneficiary.
Life with Guaranteed Minimum
Payments will continue for the rest of your life. If you die before you have been repaid your inital investment, payments will continue to your beneficiary until the balance of your investment has been paid.
Guaranteed Income Option
This option IS NOT based on your life expectancy. You or your beneficiary are guaranteed to be paid for a specific time period.
Period Certain
Your or your beneficiary are guaranted to be paid your principal and interest over the number of you years you elect.
If selected, must be at least 3 but not more than 50 years.

Source of FundsFunds
Qualified Funds
The source of Funds are from a 401(k) Plan, TSA, IRA etc.
NonQualified Funds
The source of Funds are from Saving, CD's etc.

Frequency of Payment
When will payments begin?

Amount of Premium
Calculate Income
Please calculate an income based on a Single Pemium Payment of: .
Calculate LumpSum
Please calculate the Amount Required to produce a income of .

Please Fully complete the following for a SPIA Quote
First & Last Name:
Street Address:
P. O. Box: City:
State: Zip Code:
E-Mail Address:
Telephone Number

Please note that your telephone number is required as one of our representatives will call you to confirm this information and select your payout options.

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