What is the difference between a single premium or flexible premium
You pay the insurance company only one payment for a single premium annuity, while you can make a series of payments into a flexible premium annuity.
There are two kinds of flexible premium annuities.
In a flexible premium contract, you pay as much premium as you want, whenever you want, within set limits.
For a scheduled premium annuity, the contract spells out your payments and how often you must make them.
For a free consultation please click below and fill out the form. There is NO obligation.
