Insurance & Annuity Products

Annuities are designed to help meet long-term goals such as retirement and the earnings typically accumulate tax deferred.

One of the greatest potential risks faced by America's elderly is the need for long-term care. Long-term care insurance transfers a portion of the risk of long-term care expenses to an insurance company helping to protect you and your family from potentially devastating expenses.

The primary purpose of life insurance is to protect your dependents financially in the event of your death. Properly positioned, the benefit from a life insurance policy can provide a steady stream of income for your family. It can also provide liquid capital to pay estate taxes and other obligations.

Disability insurance helps replace income lost because of an accident or illness. One survey found that 43% of people aged 40 will suffer a disability of at least 90 days before they reach age 65.

^{Source: 2000 Field Guide, National Underwriter}

^{*An annuity is a long-term, tax deferred investment vehicle designed for retirement. Earnings are taxable as ordinary income when distributed, and if withdrawn before age of 59 ½, may be subject to a 10% federal tax penalty. If the annuity will fund and IRA or other tax qualified plan, the tax-deferral feature offers no additional value. Not FDIC/NUCA insured. Not bank guaranteed. Not insured by any Federal Government Agency. There are charges and expenses associated with annuities, such as deferred sales charges for early withdrawals. Variable annuities have additional expenses such as mortality and expense risk, administrative charges, investment management fees and rider fees. Variable annuities are subject to market fluctuation, investment risk and loss principal. Guarantees are based on the financial strength and claims-paying ability of the issuing company. The guarantees have no bearing on the performance of the variable investment options.}

^{**Please keep in mind that the primary reason to purchase life insurance product is the death benefit. Life insurance products contain fees, such as mortality and expense charges, and may contain restrictions, such as surrender periods.}