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Immediate Payout Annuities

Annuity Glossary
Annuity FAQ
Annuity Calculators

The GILICO Immediate Payout Annuity features guaranteed payments beginning as soon as one month after deposit.

Product Features

GILICO guarantees annuity payments for the entire payout period. The guaranteed payment is based upon the current monthly income factors in effect at the annuity start date.

Payment options

  • Fixed number of years, period certain - 5 year minimum
  • Life only
  • Life with a minimum number of years guaranteed
  • Joint and two-thirds to the survivor
  • Joint and 100% to the survivor

Payments are available monthly, quarterly, semi-annually, or annually, and may be deposited directly into your account.

Obtain an online quote
Approved States
AL AR AZ CA CO FL GA IA IL IN KS KY LA MI MO MS
MT NC ND NE NM NV OH OK OR SC TN TX UT WA WY  

All policies must be approved by the State Insurance Department or appropriate regulatory authority in the applicant's resident state.

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