0
What is the difference between life insurance and annuities?
EncofBizandFinance
Life insurance protects one's beneficiaries against financial loss as a result of the purchaser's dying too soon, while annuities protect purchasers against financial loss as a result of living longer than their funds do.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Where might one find information regarding life insurance annuities?
One might find information regarding life insurance annuities online at various websites. One can find information about life insurance annuities at insurance company websites such as Nationwide and MetLife.
Can you sell fixed annuities yourself?
You can sell fixed annuities if you have a life insurance license.
Where can someone find detailed information to have annuities explained to them?
One can find detailed information on annuities explained to them through a life insurance representative. MetLife has extensive information on annuities as does Sun Life Insurance.
What is the difference between voluntary insurance?
What is the difference between voluntary life insurance and life, ad/d?
Are annuities with Life Insurance Companies covered by FDIC?
No. Each State covers annuities and life insurance. It's actually a lot better than the FDIC.
Why are annuities called life insurance?
Annuity income depends on life expectancy and is thus classified as life insurance.
Did you acquire a block of annuities from Universe Life Insurance Company?
No I did not.
What is the best way to invest for your future?
Life insurance and annuities.
What does American General offer to people?
American General offers whole insurance, life insurance, group life insurance, annuities, and voluntary life insurance.
Can you sell annuities with a life insurance license?
Depending on your license you may be able to sell fixed annuities. Variable annuities require Series-7 license however
What is the difference between accidental death life insurance and regular life insurance?
Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.
Is AIG a terrorist organization?
AIG sells insurance including high cost annuities that scam people. To me, anyone that sells annuities and life insurance to old people is a terrorist.....
