Contact Us: ​(334) 780-1008
THOMPSON INSURANCE & ASSOCIATES, LLC
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    • Life/Financial >
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      • Annuities
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      • Final Expense Insurance
      • Financial Planning
      • Term Life Insurance
      • Indexed Universal Life
      • Single Premium Life
      • Mortgage Protection
      • Life Insurance for Truck Drivers
    • Health >
      • Health Insurance
      • Dental Insurance
      • Medicare Supplement Coverage
      • Critical Illness Insurance
      • Long Term Care Insurance
      • Medicare Advantage Plans
      • Vision Insurance
      • Group Benefits
  • About
    • Staff Directory
    • Client Testimonials
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Annuities

Protect your future with guaranteed income for the rest of your life. Speak with our financial experts today to find the best options for your financial situation.

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What is an Annuity?

Annuities are contractually-executed, relatively low-risk investment products; the insured (usually, an individual) pays a life insurance company a lump-sum premium at the start of the contract. That money is to be paid back to the insured in fixed, incremental amounts, over some future time period (predetermined by the insured). The insurer invests the premium; the resulting profit/return on investment fund the payments received by the insured, and, compensate the insurer. 

Conventional annuity contracts provide a predictable, guaranteed stream of future income (e.g., for retirement) until the death(s) of the beneficiaries(s) named in the contract, or, until a future termination date – whichever occurs first. These financial instruments have been used to accumulate funds and provide significant and sudden increases in personal income (via future, lump-sum withdrawals), all while legally avoiding the taxes (e.g., income-, capital gains-, estate-) that would otherwise be assessed on them.

Immediate Annuities vs. Deferred Annuities

An Immediate Annuity is an insurance policy which, in exchange for a sum of money, guarantees that the issuer will make a series of payments. These payments may be either level or increasing periodic payments for a fixed term of years or until the ending of a life or two lives, or even whichever is longer.

A Deferred Annuity is a contract that is chiefly a vehicle for accumulating savings with a view to eventually distribute them either in the manner of an immediate annuity or as a lump-sum payment

Contact us to learn more about the right annuity for you.
(334) 780-1008
144 East College St
​Suite 3
Ozark, AL 36360
Click Here to Email Us
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Annuities provide guaranteed income for life

We are licensed in Alabama, Florida, Georgia, Michigan, Mississippi, North Carolina, Ohio and Texas


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Thompson Insurance & Associates, LLC
144 East College St
​Suite 3
Ozark, AL 36360
Phone: (334) 780-1008
​Toll-free: (888) 461-7775
​Click Here to Email Us
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