Annuity Quotes for Immediate Annuities
There are several places on the Internet that will offer quotes
for immediate annuities and other types of annuity quotes. Here’s
brief overview so that you quickly get the immediate annuity quotes
you want.
First, if there is a form to fill out with your name and
personal information, skip it. This type of site won’t give
you annuities quotes. Rather, your information gets passed along
to an agent who will call you rather than provide annuity quotes
online. To get an immediate annuity quote online, use an immediate
annuity calculator. Or get a copy of the current months
“Comparative Annuity Reports” which you can download from
their site. This publication provides the rate tables (rate
factors) which you can use to calculate an immediate annuity
quote or deferred annuity quote for yourself.
There is a site that averages the immediate annuity quotes
from sixteen well known insurance companies (but you likely
want the one that pays the most). That site is immediateannuities.com.
What’s favorable about this site is the ability to get various
types of immediate annuity quotes—term certain or life annuity
quote.
This next site, in addition to immediate annuity quotes also
offers fixed annuity quotes for different types of deferred
annuities and index annuities: totalreturnannuities.com.
Interestingly, the idea of an annuity “quote” is a bit of
a misnomer. Unlike life insurance, where the quote is based
on several factors including your specific health profile,
annuity rates are based only on age or term so the “quote” is really
just a number from a table and does not need to get calculated. |