* Lifetime income with cash refund is only one option when purchasing an income annuity. Talk to your financial professional to review this, and other options, which may be suitable for your situation.
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Talk to your financial professional to review which options are suitable for your situation.
Products issued by Integrity Life Insurance Company, Cincinnati, OH, operating in DC and all states except NY, where National Integrity Life Insurance Company, White Plains, NY, operates. All companies are members of Western & Southern Financial Group.
An immediate annuity is permanent. Owner has no access to premium, which converts to an immediate income stream. There is no cash value, no death benefit and the annuity can’t be surrendered. Contract terms, cannot be changed, unless commutation is available and elected. An immediate annuity should not be purchased if access may be needed to any of the premium for living expenses or other purposes.
Payouts end at the annuitant’s death unless a certain period or installment refund option is selected. If a payout for life or for two lives is selected, whether the payouts received are less than or greater than the premium paid will depend on how long the annuitant(s) lives. If death occurs after any guaranteed income payouts have been made, no additional payments will be made to the beneficiary.
Payment of benefits under the contract is the obligation of, and guaranteed by, the issuing company. Guarantees are based on the claims-paying ability of the issuer. Products are backed by the full financial strength of Integrity Life or National Integrity Life.
Earnings and pre-tax payments are subject to income tax when received. Western & Southern member companies and their agents do not offer legal or tax advice. Income annuity payouts are based on various factors, including current interest rates, life expectancy, gender, state, annuitization election, etc. Products and features vary by state. See product details and limitations.
Single Premium Immediate Annuity Contract Series ICC16 ENT-01 1701 and ENT-01 1701 NY.
Annuity products are not bank products, are not a deposit, are not insured by the FDIC, nor any other federal entity, have no bank guarantee, and may lose value.
