Selling Annuities
An annuity is a regular income flowing monthly that a person receives through an investment. You can get this series of payments after your initial investment of money. Annuities are usually related to a contract between you and a life insurance company, but a charity or a trust can also be contracted for this same purpose.
Why would you want to sell annuities?
You are probably wondering what possible reason you can get from selling annuities. Here is a reason why. Annuities are, in general, highly safe investments. But considering the long run, they have relatively low returns compared to some other alternatives. So what you can do is to make it a short-term investment.
Selling an annuity will give you a lump-sum payment. Doing this is a way of spreading your assets around, reducing financial risks and increasing your potential of getting good profits from these assets. This can be especially useful if you are in need of money for a large purchase such as purchasing a property or settling a loan.
What are the ways that you can sell annuities?
Annuities come in many forms such as a single-premium or flexible-premium annuities, immediate or deferred-payment annuities, qualified or nonqualified annuities and fixed-interest, indexed, or variable deferred annuities. It is important that you learn everything you can about these before purchasing and selling annuities of your own. Research on annuities can favor you the most. Pick out the ones which you think you can manage and you will be confident enough to sell to get optimum results.
When you have already learned a lot about the different annuities, you are now ready to sell them. Here are a few ways to do it:
• Find a reliable selling company to do it for you. The easiest and most convenient way of selling annuities is to find a reputable company that will do the selling for you. Hiring a reliable third party can assure you that your annuities will reap maximum benefits when sold because they have the sources and experiences to do so. But of course, you will not get the whole profit for the sale. You will have to pay them fees.
• Directly sell your annuities. You can also sell your annuities directly to someone who wants to buy them. This is not a popular choice of selling annuities because of all the legalities involved. You can research on what it takes to sell your annuities personally or online annuity selling opportunities that will help you to sell your annuity plans easily.
• Exchange annuities for other annuities. Another way to sell your annuities is through exchange. You can exchange, for example, your annuity that pays-off a smaller monthly income in a long period of time and another person’s annuity that pays-off a larger income in a shorter amount of time or vice versa. This will benefit you if you can not sell your annuity in a single lump-sum payment because of the terms of your annuity. You can, in effect, have a better chance of selling your newly acquired annuity in the market.
•Using annuities as collateral for loans. This works like the exchange of annuities for other annuities only that it serves as a security for your loan. It is an option you can take that may give you a higher yield on your annuity.
Comments
Menu
My Articles
Sell Annuity Comparison For CashFacts On Selling Annuities
Sell Your Annuities Right
Useful Facts About Annuity Selling
Sell Annuity Settlement: The Basic Guide
The Basics You Have To Know In Selling Annuities
Sell Retirement Annuity For Lump Sum Payment
The Best Ways To Sell Your Annuity
Inherited Annuity: A Boon Or A Bane?
Understanding Your Rate Of Return
Sell Tax Deferred Annuity
Steps In Selling My Annuities
Where To Sell Annuities Connection
Selling Annuities
Sell Annuity Payment To Refinance Home Loans
Formulas In Selling Your Annuities
Client-Focused Selling: The Key To Selling Annuities
Sell My Annuity Payments
Reasons To Sell Structured Settlement Annuity
Should You Sell Annuity Payments?
How To Easily Sell Your Annuity Payments
What You Need To Know When Selling Annuity
Guide To Selling Annuity Payments
Is Selling Your Annuity Settlement The Ultimate Solution?
Related Sites | My Articles Sell Annuity Payment To Refinance Home Loans Annuity payments correspond to a big amount of money if summed up. It can be.. Sell Annuity Comparison For Cash Annuity refers to the structured payment plan an individual receives.. Where To Sell Annuities Connection Annuities are fast becoming a big part of a person's.. Client-Focused Selling: The Key To Selling Annuities Selling annuities is yet another way to earn good money. This is especially.. |
|
|
Related News:
|