These annuity rates are merely influenced by the investment terms. For instance, a single recipient will obviously have a rate difference compared to an annuity which supports a recipient plus her spouse. These rates are also subject to changes such as during the death of the recipient, or whether it'd still continue for the spouse. However, if this type of annuity is more helpful in your financial situation, it may be an enticing option for other investors too.
Therefore, it may be concluded, that before you entrust your future to a life insurance annuity, make sure that you have understood the rates and its corresponding monthly income. Since it is known that annuities cannot be converted into cash later; shrewd investors acknowledge that full comprehension regarding rates is quite essential before investing.
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