An insurance annuity is a contract between an individual and an insurance company that is designed to meet long range goals such as retirement. With an annuity, a person gets their money back and then some in either a lump some or monthly payments.
Three types of Insurance Annuities are variable annuities, fixed annuities and indexed annuities.
Most banks offer some sort of insurance on annuities, often at a yearly fee.
You can sell fixed annuities if you have a life insurance license.
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.
Insurance annuities is like investing towards your future. There are many different types of annuities, you should choose one that meets your financial situation.
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.
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Yes
Please check the internet for solutions. There is a wealth of information about it there. Insurance annuities should be low, especially these days with the economy.
The annuities can be received in the form of monthly,quarterly,half yearly, and yearly options.
No. Each State covers annuities and life insurance. It's actually a lot better than the FDIC.
Insurance companies or their agents /brokers. Be certain to utilize only highly rated companies.