Glossary
Fixed Annuity
Fixed Annuities
Fixed Annuities are a type of insurance contract where an insurance company makes a series of guaranteed payments in exchange for a sum of money at the outset of the contract; some fixed annuities will provide for a payment plan over time to build up the annuity lump sum. This type of investment instrument can help stabilize investment income, defer taxes on investment earnings, and is often part of a financial strategy for retirees or those contemplating retirement. Because of the guaranteed income stream provided by the fixed annuity, the insurance company, rather than the insured (annuity owner), takes the investment risk.
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Protection is our Profession
The history of The Agency is one of steady growth and today it is one of the largest insurance agencies north of Albany. We are very proud of our motto -
"Protection is our Profession" - and we plan to continue our tradition of unexcelled service to the business community and to the people of the North Country for many years to come.
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