Cc ' — = a Se Longevity Annuity Alleviates Worry Of Outliving Y (NAPSA)—Flexibility, predictability and a manageable tax liability—these are amongthe features those planningfor retirement often lookfor. In addition, a growing numberof people want to make sure they ha enough moneyfor a retirementlasting 30 years or en longer. To meet the growing need for predictable retirement income, one firm has responded by launching a single-premium income annuity. Called the Single Pay Longevity Annuity, from First Instors Life Insurance Company, it’s designed to offer individuals the opportunity to recei guaranteed* future retirement income in exchange for a lumpsum payment. A Guaranteed* Income Source “This product is designed for individuals who seek a guaranteed* supplemental source of income as part of a dirsified retirement strategy. The annuity is intended for those individuals who don’t need income now, but would like to lock in a future guaranteed* income stream during their retirement years,” says Carol Springsteen, president of First Instors Life. Its key features include: Flexibility: Policies can be issued from ages 45 to 80; plus, you ha an opportunity to change your incomestart date. *Simplicity: Easy to understand and integrate into your retirement incomestrategy. *Predictability: Provides guaranteed* lifetime income that is not subject to stock or bond marketrisk. Security: You ha the peace of mind of knowing your payments sc | need to worry about outliving your retirementassets.” Return of Premium Death Benefit Option The Single Pay Longevity begin on the date you select and will arri on the same day ery month for the rest of yourlife. *Higher Income: By deferring incomedistribution to a later start date, you can enjoy higher Annuity also provides you with the option of adding a Return of Premium Death Benefit. The benefit provides you with the ability to lea something behind in the ent of your premature death. This option, hower, will reduce your monthly annuity payments. If you die before annuity payments ha begun, your beneficiary will recei an amount equal to the premium paid in one lump sum. If, on the other hand, you die after annuity payments ha begun, your beneficiary will continue to recei the same monthly annuity payment until the total payout is equal to the premium, *No Fees:There are no annual or recurring fees or charges. Payment Options ceid before death. It’s important to note that annuity contracts and insurance policies A growing numberof individuals are raising concerns about whether or not their instments will provide enough of a return to cora longerretirement. income payments. The Single Pay Longevity Annuity offers two connient monthly payout options at the time of purchase: Single Life provides lifetime incomebenefits for one person only. eJoint & Survivor Life provides lifetime income benefits to two individuals as long as one or both areliving. “What’s so appealing about this product,” adds Springsteen, “is that it provides regular payments for as long as you li. You simply make an initial payment and select a future start date, at which time you will begin to recei guaranteed* monthly income payments for the rest of your life. As a result, you don’t minus the annuity payments re- contain certain exclusions, limita- tions and other terms for keeping them in force. For complete costs anddetails, it’s wise to contact your Representati. The Single Pay Longevity Annuity is offered by First Instors Life Insurance Company anddistributed by First Instors Corporation; each is a wholly owned subsidiary of First Instors Consolidated Corporation. For more information, visit www.firstinstors.com or call 1800-832-7783. *All guarantees are subject to the financial strength and claims-paying ability of First Instors Life Insurance Company.
