Temporary Annuities

A temporary annuity will pay you a guaranteed income for a chosen period of time, normally at least five years.  At the end of this period you get back a guaranteed lump sum amount that you can use to either buy a lifetime annuity or another temporary annuity. 

There is a risk that your income could fall (or rise) at the end of your chosen period, depending on

  • the size of the lump sum amount paid
  • changes in annuity rates generally
  • your increased age
  • changes in the law
  • if you have developed a health issue.

Call Annuity Direct free on 0500 50 65 75