Have you come into a windfall like an inheritance, a large payout or are you just looking for ways to stretch your money longer? A single premium immediate annuity is a contract with Jubilee whereby you pay an initial sum of money up front, and thereafter get paid a certain amount of money periodically for the rest of your life.

Why get the Single Premium Immediate Annuity? 

  • At retirement, a single premium is paid from the accumulated retirement savings to guarantee a lifetime stream of payments. 
  • Our single premium immediate annuity can be a fixed annuity or a variable annuity. 
  • In a fixed annuity, the payout is a fixed amount each period while with a variable annuity, the payout is linked to the performance of a mutual fund. 

Key Benefits

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