Selling an Annuity is a way to acquire a lump sum of cash in exchange for the smaller Annuity Payment installments you may be receiving. An annuity can come from many sources including life insurance and retirement. You may have purchased your Annuity as an investment, inherited it, or received it as a gift.
The Annuity payments are paid by the insurance company. These payments pay you in installments, spread over a period of time. As a result, you get a consistent cash flow from the insurance company. However, you may want your money much faster than you are getting them. To get that money, you can Sell Your Annuity for a cash payout. There are many companies in the business of giving cash for payments. If you are interested in Selling your Annuity, shop around and get maximum payout.