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What type of product does Variable Annuity Life sell?
The Variable Annuity Life Insurance Company (VALIC) sells life insurance as one of its many perks. The company is designed to help seniors plan for their futures in an all encompassing look into their finances and investments.
What is variable annuity life?
Annuity Life is a contract of insurance between you the buyer and the seller. Variable Annuity Life is a company that covers retirement groups for schools, colleges and Health care.
What companies can help me set up a variable annuity fund?
Met Life offers variable annuity funds. You may want to visit the official Met Life website for more information or for their contact information. www.metlife.com
What is variable annuity insurance?
Variable annuity insurance is insurance that has a variable year to year and it can change upon facts that change such as your base description of how you manage your life.
Where can I get variable annuity life insurance?
To get variable annuity life insurance speak to you local insurance company. A lot of insurance companies now offer many types of insurance; car, life, renter's, etc. Metlife, Pacific Life, Mutual, and many others are examples of where you can get variable annuity life insurance.
What are the pros and cons of investing in a variable annuity?
Pros of investing in a variable annuity include potential for higher returns through market investments, tax-deferred growth, and the option to receive guaranteed income for life. Cons include high fees, complexity, potential for market risk, and penalties for early withdrawals.
Who owns the variable annuity life insurance company?
AIG
Is the variable annuity life insurance any good?
Variable annuity is good for a person looking for long term invesment options if they are wanting to retire in the future. It is a great option for that, but it may not be the best option for a life insurance policy. However, there are some reliable variable annuity life insurance companies like Valic.
What does VIT stand for in variable annuity contracts?
It stands for Variable Investment Trust. Essentially, it a mutual fund that is especially created for the use in variable and life insurance products such as AXA Equitable's Retirement Cornerstone Variable Annuity.
What is a valic annuity?
A VALIC annuity is a financial product offered by the Variable Annuity Life Insurance Company (VALIC), designed to provide retirement income. It combines features of both insurance and investment, allowing policyholders to invest in various funds while offering the security of guaranteed payouts later in life. VALIC annuities can be either fixed or variable, depending on whether the returns are guaranteed or linked to the performance of underlying investments. They are often used as part of a retirement savings strategy to help individuals accumulate wealth and secure income in retirement.
What is the definition of "axa variable annuity"?
The definition of AXA Variable Annuity is a life insurance policy that give the option of market appreciation. It gives you a variety of investment options with your policy.
What is an allianz variable annuity?
Variable annuity is a life insurance plan where you make series of monthly payments or a lump sum. and in return the insurance company makes periodic payments to you immediately or in the near future.
