Lifetime Income Annuity Quotes
Over 100 Carriers to Quote From. Here are a few of them!
At Diversified Insurance Brokers, we help individuals and couples create guaranteed income streams that last for life. Lifetime income annuities turn a portion of your savings into dependable monthly payments—providing financial security and protection from outliving your money. Whether you’re preparing for retirement or already retired, our Lifetime Income Annuity Quotes tool lets you compare options from top-rated carriers to find the best guaranteed payout for your needs.
Lifetime Income Annuity Quotes
See how much guaranteed income your savings can provide. Get personalized lifetime income annuity quotes instantly.
What Is a Lifetime Income Annuity?
A lifetime income annuity is a contract with an insurance company that guarantees you regular payments for the rest of your life. In exchange for a lump sum or series of payments, the insurer promises to pay you a fixed income—monthly, quarterly, or annually—no matter how long you live. This makes it one of the most reliable ways to create a “personal pension” in retirement.
Why Request Lifetime Income Annuity Quotes?
Every annuity is different. Rates, payout options, and features vary by company, your age, gender, and how soon you want income to start. By comparing multiple lifetime income annuity quotes, you can:
- Find the highest guaranteed payout available for your situation
- Compare immediate and deferred income options
- Evaluate inflation protection features
- See differences in payout for single vs. joint-life income
Key Benefits of a Lifetime Income Annuity
- Guaranteed Income for Life: Payments continue as long as you live.
- Protection Against Market Volatility: Your income won’t drop when the stock market does.
- Customizable Options: Choose single-life, joint-life, or period-certain payouts.
- Tax Advantages: Earnings grow tax-deferred until withdrawn.
- Peace of Mind: Spend confidently without worrying about running out of money.
Who Should Consider a Lifetime Income Annuity?
This type of annuity is well-suited for:
- Retirees who want stable, predictable income
- Those without a pension who want to create one
- Couples wanting joint lifetime income protection
- Anyone concerned about longevity risk
How Our Quote Process Works
- Enter your age, state, and savings amount into our secure tool.
- Choose your desired income start date—now or in the future.
- Instantly compare rates from top-rated annuity carriers.
- Review payout amounts and features side-by-side to choose the best option.
Example of How It Works
One recent client, age 65, wanted to secure lifetime income starting at age 70. By comparing quotes from multiple carriers, we found an option that provided over $1,200 per month for life with joint income protection for their spouse. This gave them peace of mind knowing that no matter how long they live, their retirement paycheck is guaranteed.
Why Work With Diversified Insurance Brokers?
We’re independent and work with over 75 top-rated insurance companies, giving you access to the widest selection of lifetime income annuity options. Our advisors take the time to explain your choices clearly and help you find the best combination of payout, flexibility, and security.
Get Your Lifetime Income Annuity Quotes Today
Don’t leave your retirement income to chance. Compare multiple carriers and find the best guaranteed payout for your needs. Use our free quote tool now to start building your lifetime retirement paycheck.
Lifetime Income Annuity Quotes
See how much guaranteed income your savings can provide. Get personalized lifetime annuity quotes instantly.
FAQs: Lifetime Income Annuity Quotes
What do lifetime income annuity quotes show?
They show the projected regular payment amount you’d receive for life based on how much you pay now, when payments start, whether it’s single or joint life, and any additional features like inflation adjustment or riders.
What inputs are needed to get an accurate quote?
To get a good quote you typically need your age, the amount you want to invest, whether payments start immediately or later, whether you want payments for just you or also a spouse, and any riders (inflation, death benefit, etc.).
How much do quotes vary among carriers and why?
Quotes can vary a lot because assumptions differ: interest rates, mortality tables, fees/riders, financial strength of the company, payout structure. Even small differences in these can create large differences in payments.
Do joint-life options reduce the amount I receive?
Yes. If the annuity covers two people (you + spouse), the payments are typically lower per person than for a single life option, because it guarantees income for the longer of the two lifetimes.
When is it better to defer income rather than start it immediately?
Deferring income allows money to grow first, which tends to increase payments later. If you don’t need the income immediately, waiting can mean significantly higher monthly/annual income when payments begin.
How do riders (like inflation-adjustment or death benefits) affect quotes?
Riders generally reduce the payout because they add risk or guarantee for the insurer. An inflation rider may make payments grow, but you will get less initially. Death benefit riders may reduce income to cover what goes to heirs.
Can I compare quotes online easily?
Yes. Many providers or brokers offer calculators or side-by-side quote tools. But ensure you understand each quote’s assumptions—when payments start, whether fees or riders are included, how stable rates are, etc.
Do quotes guarantee future income?
No, quotes don’t guarantee future income until you’ve locked in the annuity contract. Before that, changes in interest rates or insurer expectations can affect what is offered.
What do I need to watch for in the fine print?
Watch for surrender charges, waiting periods, caps on benefits, guarantee periods (if any), financial strength of the insurer, how death benefits are handled, whether income adjusts for inflation, and any commissions or fees built in.
How often should I get updated quotes?
It makes sense to refresh quotes when interest rates change, when you approach retirement, or when your financial situation changes (e.g. health status, income needs). Even small changes in rates or market conditions can shift what you’ll receive.
