top of page

Our Agency

MSOFS Postcard.png

Price Insurance Services/Medicare Specialist of Arkansas is an independent insurance agency headquartered in Fort Smith, AR. Our team of agents specializes in Medicare, health insurance, life insurance, workplace benefits, and financial services. Our agency represents over 50+ top-rated insurance carriers to provide you with the best coverage options that fit your insurance needs. 

Business Meeting

We're Your Mentors

Our agency's mission from day one has been to help our clients obtain the correct amount of coverage at an affordable price. Often, when clients walk through our doors to meet with us, we find they may be missing coverage or are unsatisfied with their current policy. It is our goal to find every client a plan that will meet their coverage and budget needs. We offer a free analysis of your insurance needs to help you make an informed decision on the coverage that is best for you. Let our team put our expertise to work for you and guide you in finding the right coverage for you and your family. 

Business Team

Experience Protecting You

At Price Insurance Serivces/Medicare Specialist of Arkansas, we know each of our clients has a unique case. That's why we don't believe in a "one-size-fits-all" approach to offering insurance. Our team of independent agents has decades of combined experience in assisting our clients with their insurance needs. We provide individual solutions for each of our clients and serve as advocates should you need to file a claim. Providing service after the sale is our top priority. Whether you need help with a claim, a change of coverage, or just a question, we are here to assist you. 

  • HOW CAN AN ANNUITY HELP ME?
    Retirement should be carefree — but as it approaches, many people find the thought of maintaining and possibly running out of money over time stressful. Enter annuities. These financial instruments provide you with a guaranteed income stream, either for a fixed length of time or for the rest of your life, depending on the annuity you choose.
  • HOW MUCH DO ANNUITIES COST AND ARE THERE FEES INVOLVED?
    It’s good to understand that an annuity transfers the risk of you outliving your assets to an insurance company. In turn, they guarantee a stable income for a specific length of time, or for as long as you live. Depending on the type of annuity you purchase, there may be fees involved in providing this guarantee. How costs are calculated: An insurance company prices its guarantee based upon your life expectancy at the time of application, and the payout period you desire. Generally, the more risk you transfer to the insurance company, the higher the fees.
  • WHAT ARE SOME OTHER IMPORTANT CONSIDERATIONS?
    These days, annuities have many options, which requires planning and a long-term commitment to make the most of the benefits. As licensed insurance professional, we help you understand all the factors to take into consideration. Here are a few points to keep in mind: Limited access to funds. There may be limitations on your access to the cash value of the annuity. Fees and penalties may apply for early annuitization, or liquidation. Taxation. The taxable portion of an annuity payment is generally taxed as income, not capital gains. Inflation. Ask about options many annuities offer to ensure your payments keep pace with rising costs.
  • WHAT HAPPENS TO MY ANNUITY WHEN I PASS AWAY?
    One of the best things about an annuity is that you never have to lose what you put into it. Continuing payments. Payments cease upon death, but most annuities have options to continue payments to the surviving spouse or another loved one. Distributions. If your annuity has remaining cash value, it can be distributed to your beneficiaries—the people you specify to receive your assets when you pass away. Beneficiaries receive payment via a lump sum or installments. Distribution terms are private with no need for probate (a court proceeding) if beneficiaries are family members. This makes annuities a useful tool for transferring wealth to heirs.
  • HOW DO I PURCHASE AN ANNUITY?
    Annuities are income-guarantee contracts offered by life insurance companies that are customized just for you. Many annuity applications can be submitted electronically, but a consultation with an insurance professional or advisor is required to help you determine which features are right for you, including: Access to funds Level of market exposure Desired payment periods Beneficiary options Tax-advantaged features Annuity company and product Our team will explain your options, help you understand long-term financial impacts, and guide you to a solution that maximizes your guaranteed income and supports your overall financial goals within your budget. Call us at (479) 431-5632 to speak to one of our agents and determine in an annuity is right for you.
Have an insurance question? Call us, we are here to help!
bottom of page