Immediate
Annuities
An immediate annuity is a contract in which the insurance
company guarantees to provide a series of substantially equal payments over a
period of time in exchange for a single premium paid at issue.
Purchasing
an immediate annuity requires a one time premium payment. Retirees often purchase
a single premium immediate annuity with funds received from 401(k) plans, IRAs,
saving accounts, the cash value or death proceeds from life insurance or the proceeds
from the sale of a home. The company issuing the immediate annuity guarantees
payments directly to you monthly, quarterly, annually or semi-annually for life
or for a guaranteed period of time.
Payments from an immediate annuity can
be scheduled to supplement your regular social security or pension plans.
American National Insurance
Company, Galveston, TX
American National Property and Casualty Company,
Springfield, MO
These
brief descriptions of coverages available are for illustrative purposes
only, and are not intended as a statement of contract. For actual terms
and conditions of coverage provided, refer to your insurance policy,
or, for more information about coverage options and availability, talk
to your American National agent. All products, coverages, and options
are not available in all states, and eligibility guidelines apply. American
National Family of Companies reserves the right to discontinue programs
at any time.
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National Insurance Company, it's subsidiaries or affiliates. Such links
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by American National, its subsidiaries or affiliates.
