Jewell Insurance and Financial Services
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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.
(815) 232-7726​
20 W Main St
Freeport, IL 61032​
Click Here to Email Us
Annuity Quote
Annuities provide guaranteed income for life
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Freeport, IL Office

Jewell Insurance and Financial Services
20 W Main St
Freeport, IL 61032
(815) 232-7726
Toll Free (800) 440-9901
​Click Here to Email Us

Rockford, IL Office

Jewell Insurance and Financial Services
7210 E. State St. 
Suite 102 
Rockford, IL 61108
(815) 232-7726
Toll Free (800) 440-9901
​Click Here to Email Us
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  • Home
  • Quotes
    • Medicare Advantage Plan Quote
    • Medicare Prescription Drug Quote
    • Medicare Supplement Coverage Quote
  • Service
    • Update Contact Info
    • Policy Changes
    • Free Consultation
  • Insurance
    • Medicare Advantage Plans
    • Medicare Prescription Drug Insurance
    • Medicare Supplement Coverage
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Newsletter Signup
    • Agency Photo Gallery
    • Medicare Meetings
    • Blog
  • Contact
    • Schedule an Appointment