Annuities

At Farmers they don’t just protect your assets, they can also help you build them. It’s never too early to start preparing, and it can be surprisingly easy to get started. Farmers Insurance and Financial Services Agents can help you with that.

An annuity is an insurance policy designed to protect individuals from the risk that their assets will not be sufficient to provide for their lifetime financial needs. There are several types of annuities.

The products described below are not offered in all markets. Additionally, most annuities will impose a surrender charge if the annuity is cashed in before a specific period of time

State Farm® offers several different types of annuities, which can be part of your personal retirement program. Let State Farm help you enjoy a financially secure life.

Wtih Allstate Annuities the minimum amount of the income payments is guaranteed and the money earned on the annuity won’t be taxed until they start receiving payments.