Preferred Financial Group

At Choice One Insurance, we believe that simplicity is key when it comes to insurance. That's why we've designed our platform to make the insurance process as easy and straightforward as possible. Our team of insurance professionals from across the country are dedicated to providing you with the best insurance policies and quotes, ensuring that you get the coverage you need at a price you can afford.

Our Services

We offer a wide range of insurance services to suit your needs, including:

• Auto Insurance: Get a quote for your auto insurance today and enjoy personalized coverage that meets your unique circumstances.
• Health Insurance: Our health insurance plans offer comprehensive coverage for you and your family, providing peace of mind when it matters most.
• Life Insurance: Protect your loved ones with our competitive life insurance rates and tailor-made policies that fit your unique circumstances.
• Long-Term Care Insurance: Ensure you have the financial support you need for long-term care with our comprehensive insurance plans.
• Homeowners Insurance: Protect your home and personal belongings with our competitive rates and customizable policies.
• Group Health Insurance: Offer your employees the security they deserve with our employer-sourced health insurance plans.
• Disability Insurance: Protect your income and livelihood with our comprehensive disability insurance plans.
• Annuities: Invest in your financial future with our fixed and variable annuities, offering tax-deferred growth and guaranteed income for life.

Why Choose Choice One Insurance?

At Choice One Insurance, we pride ourselves on our commitment to exceptional customer service, competitive rates, and personalized coverage. Our team of insurance professionals have years of experience in the industry, and we're dedicated to providing you with the best possible outcome.

Annuity Basics

An annuity is a contract between an individual ("annuitant") and an insurance company. The annuitant agrees to pay the insurance company a single payment or a series of payments, and the insurance company agrees to pay the annuitant an income, starting immediately or at a later date, for a specified time period. Under current tax law, money put into an annuity grows on a tax-deferred basis until the annuitant begins receiving his accumulated fund as an income. That means that one hundred percent of your earnings are reinvested in an annuity and allowed to compound - or grow - without having to pay taxes on earnings.

Some of the key features of annuities include:

• Tax-Deferred Growth: Money invested in an annuity grows on a tax-deferred basis.
• Lifetime Income: An annuity can provide you with a guaranteed lifetime income, regardless of how long you live.
• Guarantee of Principal: Some variable annuities guarantee to return at least your principal - e.g., the total payments you've made, at the time you begin receiving your annuity income.
• Liquidity In Case Of Emergencies: If you suffer a serious illness (e.g., heart attack, cancer, etc.) some products may allow you to withdraw up to 25% of your accumulated fund early without paying a surrender penalty.
• No Limit On Contributions: Unlike other tax-advantaged investments, such as IRAs, you can contribute an unlimited amount of money to an annuity during the year, whether in periodic installments or a lump sum.
• Death Benefit: If you die before you begin receiving an income, your beneficiaries could receive a death benefit equal to the amount of money you've paid into your annuity or its current investment value.

Conclusion

At Choice One Insurance, we're dedicated to providing you with the best possible insurance coverage at a price you can afford. With our comprehensive range of services, including auto, health, life, and long-term care insurance, as well as annuities, we've got you covered. Get a quote today and experience the Choice One Insurance difference for yourself.