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If you are considering the purchase of an annuity, the agents at Dufault Insurance Agency can be of assistance. With years of experience in the insurance industry, we can streamline the process of annuity browsing and purchasing.

From browsing rates and applying to general inquiries concerning annuities, you can depend on our expertise and unbiased recommendations. We can present you with the advantages and help you make the best decisions for your financial future.

Reach out to us now at (218) 773-2480 to schedule a consultation with our agency staff.

How Retirement Annuities Work

An annuity is a financial contract between an insurance carrier and a purchaser. In general, the purchaser is either an investor or a retiree.

You can purchase annuities via monthly payments toward the principal amount or through a lump sum. In return, income will be paid out through either a one-time sum or a series of regular payments. The purpose is the provision of a guaranteed income stream.

These financial products are set up over a particular length of time, or conditional to the annuity holder’s death. Annuities are tax-deferred, which means that they are not subject to taxation until you withdraw them. They also generate interest over time. 

Dufault Insurance Agency’s Full-Range Annuity Insurance Carriers

When buying an annuity, you have a multitude of options for carriers and companies, both private and public. Insurance companies, banks, credit unions, and other financial groups are just some examples of reputable companies that sell annuities.

Dufault Insurance Agency’s agents will browse through all annuity sellers on your behalf, locating the most suitable options. Our team will compare and contrast the various options and find the best products for your needs. We’re happy to show you the advantages of securing your financial future.

Most Affordable Annuity Investments

Annuities are characterized by their premium payments and administrative and management fees. Our agents understand your need for secure yet affordable solutions and can pinpoint your most cost-effective choices.

These plans are also available in fixed, variable, and indexed options. We’ll evaluate both your present circumstances and future goals to help you choose the right product for you. Rest assured, we offer some of the best annuity rates in the local area.

Best Annuities from Leading Insurance Agents

We are proud to be recognized as a leader in insurance agency. Our team works for you, not for a particular carrier, and we can offer truly impartial advice and suggestions. We have years of experience in the industry and possess all relevant credentials and qualifications.

We are your one-stop shop for all your insurance needs.


Invest in a secure future.

Annuities to suit your lifestyle.

Annuities can be a valuable investment, but there are risks to consider. Our experts will help you decipher the different types of annuities so you can decide whether this type of investment is right for you.

How do they work?

Annuities are the main way of turning a pot of cash into an income stream. In very simple terms, they work like a life insurance policy in reverse-you pay them a lump sum upfront, then they pay you regularly until you die.

What are the risks involved?

There are two specific types of risk with annuities. The first is the risk that you die early and, thus, don't receive as much money back as you paid upfront.

Available in fixed and variable options.

The second risk only applies to some forms of annuities. You can get annuities that pay a fixed amount, often based on factors such as your age, gender, and health status when you buy the annuity. However, you can also get variable annuities in which the insurer invests the money, meaning the amount you receive depends on the performance of the investments. To mitigate this risk, you can opt for the middle-ground of an index-linked annuity.

Are they the right investment for you?

Whether annuities are right for you and what level of risk is appropriate will depend on your financial circumstances. You'll also need to carefully consider the tax implications, particularly if you want to retire early.

Contact us today to discuss your options.

Get Started Today

As an independent agency, we are here to help you find the right Annuities.

Prepare for the Future with an Annuity Fund

Dufault Insurance Agency is your top source for annuity expertise. You can count on our in-depth knowledge of insurance products, unbiased advice, and exceptional customer care.

We have the experience and resources to help you shop all your options, streamlining the annuity purchase process. With us by your side, we guarantee that you’ll make the best decision.

Contact us now at (218) 773-2480 to inquire.

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