Immediate annuities have no front-end loads or sales charges. At Annuity Shopper Brokerage Services we do not charge any fees. We are compensated by a commission that is paid to us directly by the insurance company when you purchase an annuity product. An immediate annuity should be just one element in your overall portfolio. Immediate annuities are a conservative way to guarantee income that you will not outlive.
Most insurance companies are well-managed financial institutions.
Many have been in existence for over a hundred years, and have prospered through good times and bad. Nevertheless, because annuities are generally held for relatively long periods, look for a company that enjoys strong financial ratings with at least two of the major ratings agencies. You should also check the company's ratings periodically to remain confident that it continues on solid financial footing.