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You bought an annuity, thinking that what you really needed was the peace of mind of regular, monthly income. Now that your income is steadily rolling in, you are beginning to realize that the money you used to purchase your annuity could be used elsewhere – for a large purchase, debt repayment, school tuition for a relative or medical bills. Or perhaps you have decided to open a small business and need the cash to get it off the ground. Is all hope for these goals out of reach? Are you stuck with your annuity payments forever? Sell annuities has become the solution to the problem for many Americans holding unwanted annuity payments.
To be eligible to sell annuities, you must own an immediate annuity or structured settlement with some form of period certain payment arrangement. Fixed annuities, variable annuities and equity-indexed annuities generally cannot be sold. Single premium life annuities with no period certain component
are also typically off-limits to being sold.
Selling annuities starts with the quote-gathering process. Contact annuity sales agencies who will provide you with quotes after asking for all your information. For example, they will offer a lump sum in exchange for 60 months worth of payments. If the total of annuity payments is equal to $60,000, you will naturally receive quotes that discount that gross amount to provide an investment return for the purchaser. Obviously, you will want to choose the highest offer possible – however, it is also wise to consider the experience and financial stability of a more respected company than a larger lump sum payment from an inferior company.
BuyAnnuitiesOnline.com will help you find the best quotes from the highest rated companies. We will act as the go-between, gathering quotes, answering questions and muddling through the paperwork. Sell annuities is a breeze when you use the knowledge and expertise of our Annuity Specialists. Call 1-800-994-3023 today to learn more about the benefits of selling annuities.
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