The Benefits of Selling Annuities. Selling annuities offer potential for a lot of profit and sales opportunities for todays financial advisors. You may choose to sell annuities for a lump-sum payment if you are going to make a big purchase such as paying for a huge investment or perhaps a property. Through this, you can spread your assets around and get profits for it in the process.
Why People Avail of Annuities:
One of the most common reasons why people avail of annuities is to guarantee a stream of funds throughout their lifetime. They purchase annuity plans and then manage these annuities to sell for profits.
Benefits to Your Heirs. Buying an annuity plan can be used to secure income for beneficiaries. Upon the death of the annuitant, the beneficiaries will have the right to the proceeds of the plans. This will secure a good future to heirs.
Tax Advantage. Purchasing annuities has a tax advantage. Interest generated from annuity plans is not taxed until the funds are withdrawn. The tax deferred will be paid throughout the term of the payout.
Differnt Kinds of Annuities…
As to how many deposits a...