Resources for Agents:
Fixed Annuity Leads
An annuity is when some investment earns you a stream on income though out your life. Amongst the different types of annuity leads is the fixed annuity leads. This type of annuity lead is explained as when the annuity pays up a fixed amount of interest on the investments made during the period.
There are some relevant and important features of fixed annuity leads which make it different from other kinds of leads. The fixed annuities involve only one single premium which means they are cleared with only one single payment. If a person makes new payments on the account of fixed annuity then they will be regarded as new fixed annuities.
Fixed annuity leads are very famous and recognized because they earn a fixed interest rate for the number of years the contract has stated. This means a guaranteed pay especially for those who have reached their retirement age can relax and sit back.
Another special feature with fixed interest is the steady income which they may keep on getting every month. This return is not just for a couple of years but will surely accompany the retiree through out his life.
Fixed annuity leads earn around 3 to 10 percent return which is a high return of your money. The fixed annuity lead is available in three terms which are short, medium and long. The shorter gives out the lowest interest rate whereas the longest gives out the highest interest rate.
The fixed annuity leads are mostly chosen by people because they do not come with too many formalities and rules. They are quite hassle free in terms of contract signing, premium payments etc. these annuities also do not have any upper limit of investing. It is solely up to you, how much you want to invest in a fixed annuity and choose from the policies you want to own.
These annuities resemble more of life insurance policies because they provide provision of death for the rest of the family members. They also are good instruments to hedge against inflation.
The three different types of fixed annuities are fixed immediate, fixed deferred and CD type annuity.
The immediate fixed annuity earns payments soon after the accumulation period has ended meaning an immediate payment to the owner.
The deferred annuity is when the interest is reinvested and is paid at the end of the maturity period in one single amount. They keep on accumulating till the last day. CD annuities give out certain taxation benefits along with fixed interest payments.