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Annuities

Annuities refer to a regular stream of level payments, whose duration may be specific or indefinite.  Marshall Young Insurance can offer you a series of annuities that assist you in providing for your financial security.  Annuities can be an alternative to low yielding bank CDs or savings accounts and can be broken down into three basic types:

Single Premium Deferred Annuity (SPDA)

If you have $10,000 or more to invest, a Single Premium Deferred Annuity is an excellent choice. You may choose a guaranteed period of 3, 5, or 7 years. Depending on the amount of your deposit, bonus rates may be available. 

Single Premium Immediate Annuity (SPIA)

The Single Premium Immediate Annuity is an excellent choice for someone who desires an immediate source of income. Income options include period certain, life annuity, life annuity with periods certain and joint and survivor annuity.

Flexible Premium Deferred Annuity (FPDA)

The Flexible Premium Deferred Annuity allows you to make scheduled or intermittent payments into a retirement savings plan that will be available when you need it. This plan can also be used as a non-qualified savings vehicle for retirement.


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"Statements on this website as to policies and coverages and other content provide general information only and we provide no warranty as to their accuracy. Clients should consult with their licensed agent as to how these coverages pertain to their individual situation. Insurance coverage cannot be bound or changed via submission online, email, voice mail or facismile. Changes do not go into effect unless confirmed directly with a licensed agent. Please contact our office directly at (817) 645-9155 to discuss specific coverage details and your insurance needs.

MetLife Auto & Home is a brand of Metropolitan Property and Casualty Insurance Company and its affiliates: Economy Fire & Casualty Company, Economy Preferred Insurance Company, Metropolitan Casualty Insurance Company, Metropolitan Direct Property and Casualty Insurance Company (CA Certificate of Authority: 6730), Metropolitan General Insurance Company, Metropolitan Group Property and Casualty Insurance Company (CA COA: 6393), and Metropolitan Lloyds Insurance Company of Texas, all with administrative home offices in Warwick, RI. Coverage, rates, and discounts are available in most states to those who qualify.