Annuities are sometimes described as the opposite of life insurance because annuities can help you protect against the possibility of living too long and outliving your resources.
An annuity is a contract under which an insurance company promises to make a series of payments to a person in exchange for a single premium or a series of premiums. You can also use a deferred annuity to help you accumulate money for future use.
Assurecor offers several different types of annuities, which can be part of your personal retirement program.