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Are insurance company annuities safe?

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How is your Annuity insured?

Usually it is backed by the financial strength of the issuing insuance company. Answer 2 But more usually government bonds are bought to cover the payments to be made by th

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What happens to variable annuities when the insurance company goes bankrupt?

Generally, when an insurance company goes bankrupt, the guarantees that are being offered on the contract are gone. For instance, if you have a death benefit, or a income guar

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If you have an agent I would contact them for this information. If not you can contract the company directly and they can provide whatever you need. You may even be able to do

How long does it take for a insurance company to process a annuity benefit claim?

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