In this episode, The Annuity Man discussed: 

• Annuities are customizable 

• An example of life with cash refund 

• What does it mean to get a joint-life policy

• Options and choices when getting an annuity 

 

Key Takeaways: 

• A life-only contract means that the annuity company is on the hook to pay as long as you’re breathing, but the money goes away when you die. 

• Life with cash refund means that you get paid while you’re alive, with some money going to your beneficiary when you die. 

• A joint life policy means that you and your spouse will receive payments. When you die, their income continues uninterrupted and unchanged. 

• There’s not just one annuity, there are many kinds, and there are also a lot of options when customizing your contract. 

 

"I want you to understand what you’re buying and how it works ‘cause remember, an annuity is a contract" —  Stan The Annuity Man.

 

Connect with The Annuity Man: 

Website: http://theannuityman.com/ 

Email: [email protected] 

Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g 

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