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Refund Annuity
A Guaranteed Retirement Income Program for pension and qualified rollovers.
Single Life Income Joint Life Income Period Certain Income Refund Annuity Inflation Protection Deferred Start Medically Underwritten  

 

Money Back Guarantee Refund Income Option.

"If I die the insurance company keeps my money" This has been a concern of buyers of lifetime annuities. But our GRIP program solves this concern with the money back guarantee feature.

The money back guarantee or refund feature provides guaranteed protection of the initial premium paid to purchase a guaranteed retirement income. In the case of death prior to the recovery of the original premium paid, the beneficiary will receive the unpaid portion as a continuation of payments or in a lump sum.

The money back guarantee PLUS or a period certain feature can guarantee principal plus interest return even in the event of an early death. Call for more details on this GRIP retirement income feature.

Key Benefits

bullet100% of premium paid is guaranteed to be returned.
bulletBeneficiaries receive payment benefits without probate.
bulletCan never outlive your income payment guaranteed for life!

Example Pricing - For current pricing call 800-373-9697

Example $100,000 Deposit installment refund money back guarantee.
65 Male $627.41 guaranteed monthly income for life with refund (7.52%)
65 Female $581.76 guaranteed monthly income for life with refund (6.98%)
75 Male $781.40 guaranteed monthly income for life with refund (9.37%)
75 Female $706.32 guaranteed monthly income for life with refund (8.47%)
85 Male $944.92 guaranteed monthly income for life with refund (11.33%)
85 Female $919.62 guaranteed monthly income for life with refund (11.03%)

 

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Copyright © 2005 GRIP Retirement LLC
Last modified: 04/08/08