Annuities as a Life Insurance Alternative

Annuities as a Life Insurance Alternative

If you’ve been denied traditional life insurance due to age or health conditions, you’re not out of options. A fixed indexed annuity can serve as a secure and accessible alternative—no medical underwriting required. These annuities offer guaranteed growth, protection from market losses, and payout options that can benefit your loved ones. Whether you’re focused on building a financial legacy or ensuring your family’s stability, an annuity can help you provide long-term value and peace of mind—even without a life insurance policy.

Why Choose A Fixed Indexed Annuity as a Life Insurance Alternative?

📈 Want to See Today’s Top Annuity Rates?
Explore the most competitive fixed and bonus annuity rates available now.

👉 Check Current Annuity Rates

Accessibility for High-Risk Individuals

For many people with serious or chronic health conditions, traditional life insurance can be difficult—or impossible—to obtain. Medical underwriting often leads to denials or unaffordable premiums, leaving high-risk individuals without a way to protect their families financially. Annuities, however, offer a solution. Because they don’t require medical exams or underwriting, annuities allow individuals to build a secure financial legacy regardless of their health. It’s a powerful alternative for those who’ve been turned away by life insurance but still want to leave something meaningful behind.
Consistent Growth and Protection

Unlike some life insurance products that rely on fluctuating cash values or market-based investments, fixed indexed annuities offer a powerful combination of growth potential and principal protection. Your funds can grow during positive market periods, but your principal is shielded during downturns, meaning you never lose money due to market declines. This balance of upside opportunity and downside protection provides a reliable way to build wealth over time—creating a stable financial foundation for your future and a lasting legacy for your loved ones.
Leaving a Legacy

Certain annuities include a death benefit tied to a growing Benefit Base, which offers a unique way to leave a meaningful legacy. While the Benefit Base doesn’t have cash value or affect your withdrawal rights, it increases over time—based on the annuity’s performance and any optional riders—creating a larger potential payout for your beneficiaries.

Benefit Base Growth: During the accumulation period, the Benefit Base can grow annually, often at a guaranteed rate or based on index performance, enhancing the death benefit amount over time.

Legacy Assurance: This is a guaranteed feature, providing peace of mind that your loved ones will receive a meaningful benefit—regardless of market conditions—making it a dependable tool for passing on financial security.
Payout Structures for Beneficiaries

Certain annuities include a death benefit tied to a growing Benefit Base, which offers a unique way to leave a meaningful legacy. While the Benefit Base doesn’t have cash value or affect your withdrawal rights, it increases over time—based on the annuity’s performance and any optional riders—creating a larger potential payout for your beneficiaries.

Benefit Base Growth: During the accumulation period, the Benefit Base can grow annually, often at a guaranteed rate or based on index performance, enhancing the death benefit amount over time.

Legacy Assurance: This is a guaranteed feature, providing peace of mind that your loved ones will receive a meaningful benefit—regardless of market conditions—making it a dependable tool for passing on financial security.

Use the calculator below to determine your guaranteed lifetime income

Additional Benefits

Avoiding Market Volatility

The Agility annuity is built on a fixed indexed structure, meaning your principal is protected from market losses—no matter how the market performs. While your annuity has the opportunity to grow when the index rises, it will never lose value during downturns. This makes Agility an ideal choice for those who want to preserve and pass on assets without exposing their legacy to the risks of market volatility. It’s a stable, dependable solution for protecting what you’ve built—so your beneficiaries receive the full value of your planning.
Potential for Higher Payouts

Many annuities offer optional income riders that grow the Benefit Base over time—potentially increasing both your retirement income and the death benefit passed to your heirs. If you choose to activate the rider, it can provide a guaranteed stream of income for life. If unused, the accumulated Benefit Base may be used to deliver a larger death benefit, creating a more substantial financial legacy. This dual-purpose feature makes annuities a smart choice for those who want to protect their own future while enhancing what they leave behind.
Considerations When Using an Annuity for Legacy Planning

While annuities can be an effective alternative to life insurance—especially for those who don’t qualify medically—it’s important to understand the key considerations before relying on one for legacy planning:

Tax Implications:
Unlike life insurance death benefits, which are typically income tax-free, annuity death benefits are generally subject to ordinary income tax on any gains. This could reduce the net amount your beneficiaries receive. It’s wise to consult a tax advisor to explore strategies for minimizing this impact.

Surrender Periods:
Annuities often include a surrender charge period, during which withdrawals may incur penalties. While many contracts offer penalty-free access to a portion of the value, it’s crucial to understand the timeline and terms to avoid unexpected costs if early access is needed.

With the right planning and product selection, these considerations can be managed effectively—ensuring your annuity serves both your income needs and legacy goals.

No Obligation Consultation

Annuities offer a flexible and secure way to leave a lasting financial legacy—especially for those who may not qualify for traditional life insurance. With growth potential, principal protection, and a variety of payout options, they serve as a reliable alternative for individuals facing medical underwriting challenges.

In addition to legacy planning, annuities can provide guaranteed lifetime income, tax advantages, and valuable estate planning features that help you protect and pass on more of what you’ve built.

Ready to explore whether an annuity fits your legacy goals?
Schedule a free, no-obligation consultation today to review your options with an experienced advisor.

📞 Call us at 770-662-8510
📅 Book your appointment with Jason here
Or visit our Contact Page: https://www.diversifiedquotes.com/contact-us/

Annuities as a Life Insurance Alternative

Why Choose A Fixed Indexed Annuity as a Life Insurance Alternative?

📈 Want to See Today’s Top Annuity Rates?
Explore the most competitive fixed and bonus annuity rates available now.

👉 Check Current Annuity Rates

Use the calculator below to determine your guaranteed lifetime income

Additional Benefits

No Obligation Consultation

Additional Resources

Visit our YouTube Channel for more helpful insurance answers!

Use our calculator below to determine your guaranteed lifetime income

Annuities as a Life Insurance Alternative

Why Choose A Fixed Indexed Annuity as a Life Insurance Alternative?

📈 Want to See Today’s Top Annuity Rates?Explore the most competitive fixed and bonus annuity rates available now.

👉 Check Current Annuity Rates

Use the calculator below to determine your guaranteed lifetime income

Additional Benefits

No Obligation Consultation

Additional Resources

Visit our YouTube Channel for more helpful insurance answers!

Use our calculator below to determine your guaranteed lifetime income

📈 Want to See Today’s Top Annuity Rates?
Explore the most competitive fixed and bonus annuity rates available now.