Korthase Insurance Emphasizes Benefits of Investing in Annuity Early

As the Best Health Insurance agency in Hilton Head, SC, Korthase Insurance recommends investing early for retirement.

Nowadays, an annuity is becoming a popular option for many seniors as a retirement asset. An annuity can be paid with a fixed sum of money to an insurance company, which becomes a senior’s asset. This asset, in the long run, will provide income for retirement, which can be used for healthcare and living expenses.

According to Korthase Insurance, there are three factors why people buy annuities. First, is for the periodic payment seniors can get during their retirement. What has been contributed by the senior are converted into periodic payments.

The second reason is the death benefits provided for beneficiaries for those with an annuity. Lastly, seniors prefer annuities because they enjoy tax-deferred savings with their investment. These savings can be used for their living expenses and healthcare.

The health insurance company also explained the various ways to acquire annuity. One is the fixed annuity. With this type, a fixed payment is made by the client. The principal investment and income are both guaranteed by the insurance company.

Another option is the variable annuity, wherein clients can choose how much financing they want to put in. The income will, meanwhile, depend on how those investments perform. Then, there is also immediate annuity, which is paid instantly. The investor pays a lump-sum, and guaranteed income starts almost immediately. It is usual for medical purposes.

To get the best advice about annuity, contact the experts from Korthase Insurance in Hilton Head, SC. “We deliver top service with quality attention and the most appropriate, appropriately priced insurance product,” they assure.

Aside from annuity, Korthase Insurance allows seniors and their families to compare top-rated Medicare Supplement and Medicare Advantage plans all in one place. They also deliver Top Hospital Indemnity insurance in Hilton Head Island, SC, Prescription Drugs Plan, dental and vision care, and final expense services.

The company provides regular transactions on Mondays to Fridays from 9 AM to 5 PM. The health insurance company has opened its line even on weekends to cater to its customers in Hilton Head Island, Bluffton, and the Lowcountry in South Carolina, by appointment only.

They also provide free quotations. Contact Korthase Insurance by visiting their website https://korthaseinsurance.com/. To know more about the Best Health Insurance in Hilton Head Island, SC, clients can also call Korthase Insurance through 843-715-2621 / 231-758-0549. Clients can visit their office at 6 Wildbird Lane, Hilton Head Island, South Carolina 29926.