Mid-Ohio Insurance Solutions Inc
  • Home
  • Quotes
    • Auto Quotes >
      • Auto Insurance Quote
      • ATV Insurance Quote
      • Business Quotes >
        • Church Insurance
        • Employee Benefites
        • Farm Insurance Quote
        • Business Insurance Quote
        • Business Owners Package (BOP) Insurance Quote
        • Insurance Bond Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Disability Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Medicare Supplement Coverage Quote
      • Umbrella Insurance Quote
  • Property Quotes
    • Insurance >
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Boat Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • RV Insurance
      • Business >
        • Business Insurance
        • Business Owners Package (BOP) Insurance
        • Insurance Bonds
      • Property >
        • Life/Financial >
          • Life Insurance
          • Annuities
          • Disability Insurance
        • Flood Insurance
        • Home Insurance
        • Landlords Insurance
        • Renters Insurance
      • Other >
        • Event Insurance
        • Medicare Supplement Coverage
    • Home Insurance Quote
    • Flood Insurance Quote
    • Landlords Insurance Quote
  • Service
    • Mobile Application
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Policy Review
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • You Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
  • Contact
  • Home
  • Quotes
    • Auto Quotes >
      • Auto Insurance Quote
      • ATV Insurance Quote
      • Business Quotes >
        • Church Insurance
        • Employee Benefites
        • Farm Insurance Quote
        • Business Insurance Quote
        • Business Owners Package (BOP) Insurance Quote
        • Insurance Bond Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Disability Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Medicare Supplement Coverage Quote
      • Umbrella Insurance Quote
  • Property Quotes
    • Insurance >
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Boat Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • RV Insurance
      • Business >
        • Business Insurance
        • Business Owners Package (BOP) Insurance
        • Insurance Bonds
      • Property >
        • Life/Financial >
          • Life Insurance
          • Annuities
          • Disability Insurance
        • Flood Insurance
        • Home Insurance
        • Landlords Insurance
        • Renters Insurance
      • Other >
        • Event Insurance
        • Medicare Supplement Coverage
    • Home Insurance Quote
    • Flood Insurance Quote
    • Landlords Insurance Quote
  • Service
    • Mobile Application
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Policy Review
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • You Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
  • Contact


Annuities

Protect your future with guaranteed income for the rest of your life. Speak with our financial experts today to find the best options for your financial situation.

get a quote
Contact Us

What is an Annuity?

Annuities are contractually-executed, relatively low-risk investment products; the insured (usually, an individual) pays a life insurance company a lump-sum premium at the start of the contract. That money is to be paid back to the insured in fixed, incremental amounts, over some future time period (predetermined by the insured). The insurer invests the premium; the resulting profit/return on investment fund the payments received by the insured, and, compensate the insurer. 

Conventional annuity contracts provide a predictable, guaranteed stream of future income (e.g., for retirement) until the death(s) of the beneficiaries(s) named in the contract, or, until a future termination date – whichever occurs first. These financial instruments have been used to accumulate funds and provide significant and sudden increases in personal income (via future, lump-sum withdrawals), all while legally avoiding the taxes (e.g., income-, capital gains-, estate-) that would otherwise be assessed on them.

Immediate Annuities vs. Deferred Annuities

An Immediate Annuity is an insurance policy which, in exchange for a sum of money, guarantees that the issuer will make a series of payments. These payments may be either level or increasing periodic payments for a fixed term of years or until the ending of a life or two lives, or even whichever is longer.

A Deferred Annuity is a contract that is chiefly a vehicle for accumulating savings with a view to eventually distribute them either in the manner of an immediate annuity or as a lump-sum payment

Contact us to learn more about the right annuity for you.
PO Box 452
Prospect, OH 43342​
(740) 494-9448​​
Click Here to Email Us
Annuity Quote
Annuities provide guaranteed income for life

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Crawford / Richland Counties 

102 E  Church St
​Galion, OH 44833
(419) 777-7111
Click Here to Email Us

Marion / ​Morrow Counties 

114 W Main St
Cardington, Ohio
(419) 718-4033​
Click Here to Email Us
Website by InsuranceSplash