Many people are familiar with the concept of riders and how a rider pertains to homeowner’s insurance. For example, if a homeowner possesses valuable art investments, the homeowner may elect to purchase an insurance rider in order to gain extra coverage beyond a standard policy, just to protect their art investment. An annuity rider is similar, in that it can be purchased by the annuity holder and then be attached to an annuity.
Learn to Take Your Vitamins, Think Like a Tortoise and Comprehend the Real Meaning behind the Annuity (Part 1) We both know that there is an emotional bridge that exists between the scintillating idea of an investment and the more mundane concept of a guarantee through insurance. Peers often assume that to cross from [...]
Baby Boomers can benefit from these myths and truths. Myths and Truths about Annuities We all remember stories from our childhood which turned out to be nothing more than a myth. There are several categories of these stories; of course, there is the truth, but also legends, folk tales, and superstitions. When it comes to [...]