Kaia Insurance Group Provides Annuities for Those in Need of These Unique Financial Products
Insurance products are designed to keep us protected financially. Annuities are a great example of this type of protection. These unique insurance products – related to life insurance – provide financial stability during retirement that can help you with your long term planning.
Based in Conroe, TX, and serving Houston, Austin, and throughout the state, Kaia Insurance Group is the local leader in providing annuities and similar products. If you are interested in learning more, please reach out to us today by calling 512-354-7599. You can also fill out our online form and we’ll respond as soon as we’re able.
An Introduction to Annuities in Houston
Social security only provides a very small amount of income for retirement. It’s up to your retirement savings, among other things, to provide you with more support.
But many people do not have an adequate retirement, or want to diversify their long term retirement plan by giving themselves more of a fixed income. Those that are looking for more financial support during retirement often find that one of the best options is to purchase an annuity.
An annuity can be viewed, in some ways, as the “opposite of life insurance.” Rather than pay out when you pass away, an annuity is paid out in the form of a monthly or annual income upon retirement. You purchase the annuity, and then the insurance company makes payments to you on an ongoing basis.
Annuities, then, provide reliability in retirement that many other forms of retirement cannot provide. They have benefits such as:
- Money Cannot Run Out – Though each financial product is different (please contact Kaia Insurance Group for specific annuity information), often an annuity is paid indefinitely, so you can receive an ongoing income without ever running out. Those concerned that they may run out of money in retirement may find the guarantee of an annuity more valuable.
- Payouts are Fixed – You do not have to worry about the state of the stock market or having someone manage your money. Payments are fixed*, so you know exactly how much you are receiving each month. If you are risk averse, or you’re concerned you may spend all of your retirement if not properly managed, annuities are a possible solution.
- Diversifying Your Retirement Income – There are many valid reasons to consider diversifying how you receive money in retirement, and annuities may be a worthwhile option depending on your financial needs.
*different annuities may have different ways of providing payment, such as adjustments for inflation. Please contact Kaia Insurance Group for specific policy information.
Overall, annuities are a unique retirement vehicle that many people find valuable. Every situation si different, but for those that qualify for annuities, they may be a very worthwhile option.
Types of Annuities
There are many types of annuity policies. We’ll help you navigate these different products AND carriers to help you find the one that is right for you. Some of the annuities that we may consider together include:
- Fixed Annuities
- Variable Annuities
- Indexed Annuities
- Immediate Annuities
- Deferred Annuities
We’re happy to explain these different products in further detail as we get to know you and your personal needs.
Start Today With Kaia Insurance Group LLC
Annuities are not a single product. There are many types of annuities and policy options available, and it’s important to work with someone that can help you navigate these different options and see what makes the most sense for you.
Kaia Insurance Group is here to help. We provide personalized, honest service, and are more than happy to talk to you about these options and others to see what makes the most sense for you and your situation. If you’re interested in learning more, and you’re located anywhere in the state of Texas, please contact Kaia Insurance Group, today. We can hold an in-person meetings in Conroe and Houston, and meet virtually for anyone in the state.