Madison Equity Fund: NAV Price: 36.19 Purchase Price: 36.19 | Madison Money Market Fund: Daily Yield: 8.96% Effective Annual Yield: 9.37%
Our annuity contract is designed to provide periodic income for life once you retire. Our policy acts as an ‘income replacer’ to remove the worry of not having a budget for an unknown period of time.
We provide different types of annuity.
- Single Life Annuity – pays you.
- Joint Life Annuity – pays you and reverts to your spouse upon your demise
- Immediate Annuity – starts paying you immediately after you purchase the product
- Deferred Annuity – starts paying at a later date to allow accumulation of funds. These funds may be paid periodically or as a lump-sum.
The policy has a guarantee period of 5 to 20 years (depending on what you’d prefer). In the unfortunate event of your demise, your named beneficiaries will receive the continued payments.