Questions you should ask your agent or insurance company?

Purchasing an Annuity - Checklist

Questions to ask an agent or agency when considering the purchase of an annuity.

English 392KB 2010

Spanish 392KB 2010

  • What is the guaranteed minimum interest rate?
  • Are there additional charges included in my premium?
  • What are the surrender charges or penalties if I to withdraw my money early or withdraw all of my money?
  • How many years will I be subject to surrender charges?
  • Can I make partial withdrawals without paying charges or penalties or losing earned interest?
  • Does my annuity waive surrender charges if I am confined to a nursing home or diagnosed with a terminal illness?
  • What are my income options when my annuity reaches maturity date?
  • What is my death benefit?
  • Can the annuity or interest decline in value?
  • What is your commission?

For additional information visit the Insurance Library or call 1-877-MY-FL-CFO (1-877-693-5236)