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Settlement Options
| Questions |
Answers |
| Equal payments are made over a specific time frame selected by the annuitant (e.g. five, ten, fifteen or twenty years). |
Fixed Period |
| The annuitant selects a specific payment amount as well as the payment frequency. Southern Farm Bureau will pay that amount periodically to the annuitant until the annuity value is depleted. |
Fixed Amount |
| Periodic payments are made to the annuitant over his or her lifetime. The annuitant can never outlive the payment period. |
Life Only |
| This settlement option provides a dual guarantee: payments will be made for a certain guaranteed time period (e.g. five, ten or twenty years) and then continue for as long as the annuitant lives beyond that point. |
Life with Period Certain |
| This settlement option allows the annuitant to be paid on a yearly bases on the interest that has accrued on the principle amount only. |
Interest Only |
