answersLogoWhite

0

Annuity income depends on life expectancy and is thus classified as life insurance.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

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.


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.


What are three types of insurance annuities?

Three types of Insurance Annuities are variable annuities, fixed annuities and indexed annuities.


What is the best reason to choose life insurance over annuities for financial protection?

The best reason to choose life insurance over annuities for financial protection is that life insurance provides a death benefit to your beneficiaries in case of your passing, while annuities primarily focus on providing income during retirement.


What is the best way to invest for your future?

Life insurance and annuities.


Did you acquire a block of annuities from Universe Life Insurance Company?

No I did not.


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


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.....


What are the key differences between life insurance and annuities?

Life insurance provides a death benefit to beneficiaries upon the policyholder's death, while annuities provide a stream of income during the policyholder's lifetime. Life insurance is meant to protect loved ones financially after the policyholder's death, while annuities are designed to provide a steady income stream during retirement.