Who do I sell my Annuity to?

ANNUITY BUYOUTS

Annuities are a great source of income, but simply may not fit your current lifestyle or financial needs.  Especially when you`re faced with a situation that requires a lump sum of cash.  Now the question is, who can I sell my annuity to? Well, Cox Financial Group specializes in annuity buyouts and can tailor a lump sum solution, just for you.  With an annuity buyout option, you can sell all or part of your annuity to get the lump sum payment you need now.

With passing time, the present value of your annuity changes. Our annuity payment calculator helps you keep track of the present value of your annuity. Create a free account today to learn the present value of your annuity. Or, if you’re interested in receiving a lump sum of cash through our annuity buyout program, give us a call at (877) 540-1042 to receive a free, no obligation quote today.

I THINK I HAVE AN ANNUITY?

If you have been awarded a settlement from a legal case and you currently receive payments, or are due to receive payments in the future from an insurance company, you may have an annuity. If you’re set to receive multiple lump sum payments or regular payments from an insurance company, then chances are you have an annuity. This type of annuity is referred to as a structured settlement.

Simply stated, an annuity is a financial product sold by insurance companies that allows you to put aside money, and then trigger a stream of future payments on a timetable that best fits your lifestyle and that you determine.

TYPES OF ANNUITIES THAT WE BUY:

1. Immediate Annuities:

   Definition of an immediate annuity: Annuity in which regularly scheduled payments start immediately.

   Example: Monthly payments of $1,000.00 guaranteed payable for 30 years, payments starting January 10, 2016, with the last guaranteed payment on December 10, 2046

2. Deferred AnnuityDefinition of a deferred annuity:

   Definition of a deferred annuity: Annuity in which regularly scheduled payments do not start until a specified time in the future.

   Example: Monthly payments of $2,000.00 guaranteed payable for 10 years, payments starting January 10, 2026, with the last guaranteed payment on December 10, 2036

3. Future Lump Sum Payments

   If you have a guaranteed future lump sum payment, we can give you a lump sum of cash.

   Example: Guaranteed lump sum payment of $100,000.00, payable on June 2, 2023