Annuity - A contract, that a series of periodic payments are made, by a financial institution to an individual for a specified period of time.
Critical Illness Insurance - Coverage that provides a lump-sum payment should you be diagnosed with a critical illness and survive a pre-determined period of time. There are no restrictions on how you use your benefit.
Disability Insurance - A type of insurance that allows for payments of a benefit to the insured party if the individual is unable to work due to illness or injury.
Life Insurance - A type of insurance that pays a benefit upon the death of the insured party.