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For customers who are ready for income now, there are immediate annuities

Immediate annuities help you convert customers’ money into a reliable income stream that is guaranteed to last for the term they select — even for their lifetime.
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Why should customers consider an immediate annuity?

When customers have an asset and want an easy way to create income, consider these benefits of an immediate annuity:
Create an immediate income stream
This type of annuity is designed to provide prompt and ongoing income.
Additional options for more income
Some solutions may offer increase strategies at time of purchase to adjust to rising cost needs in retirement.
Efficient transfer of wealth
This type of solution can help customers avoid the complications of taxes and delays associated with probate.
How immediate annuities work
With one payment, customers can begin receiving income payments immediately or delay them for up to 12 months. An immediate annuity can also provide payments to a joint annuitant or beneficiary.
Flow chart showing how immediate annuities work.
Consider an immediate annuity for a customer who:
  • Has an immediate and continuing need for an income payment stream
  • Wants a transparent income plan where they know exactly what to expect
  • Is concerned about liquidity should the unexpected happen
  • Wants an efficient way to transfer wealth that avoids probate
Financial professional speaking with couple who represent the ideal clients for an immediate annuity.
Couple riding bikes representing the idea of exploring an immediate annuity.
Explore our immediate annuity
Find out how our immediate annuity can promptly provide the reliable and ongoing retirement income and flexibility customers need.
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We’re here for you

Everyone deserves peace of mind when it comes to safeguarding what’s most important. We’re ready to help you deliver the protection and security customers deserve. Reach out to us anytime for questions and support, and we’ll get in touch with you as soon as possible.
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Single premium immediate annuity contracts issued under policy form series IPD-2112 (PLICO) and AF-2112 (PLAIC). Policy form numbers, product availability and product features may vary by state.


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