Income Insurance Frequently Asked Questions
What is an annuity?
An annuity, also known as income insurance, pays out a fixed series of payments, most commonly as an income stream for retirees. People typically purchase annuities as future retirement income, as an annuity can pay an income that can be guaranteed to last as long as you live.
What happens to my money if I die before I draw income?
If you die before you draw your annuity, your money will be designated to your chosen beneficiary. You can choose a beneficiary during your initial application and can change your beneficiary at any time.
Why choose Dakota Capital?
With our Badlands Annuity Series of products, we can offer a safe alternative to today’s markets and help support your financial goals in retirement. Our team has extensive experience in the insurance industry, so you can rest assured you can trust us with your financial needs.