Insurance Glossary

Insurance terms and definitions from METRO SOUTH INSURANCE AGENCY

Coverages and benefits listed below may not be available in your state. If available, some optional coverages and benefits might be offered at an additional charge. Contact METRO SOUTH INSURANCE AGENCY today to learn more.

QUALIFIED ANNUITY
A form of annuity purchased with pretax dollars as part of a retirement plan that benefits from special tax treatment, such as a 401(k) plan.