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An insurance annuity is when a seller makes payments to a buyer for payment of one large amount of money. You usually would go through a bank to get this process going.

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13y ago

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What are three types of insurance annuities?

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


What are the different types of annuities available in insurance?

The different types of annuities available in insurance are fixed annuities, variable annuities, and indexed annuities. Fixed annuities offer a guaranteed interest rate, variable annuities allow for investment in various funds, and indexed annuities provide returns based on the performance of a specific index.


Does my bank offer any insurance on my annuities?

Most banks offer some sort of insurance on annuities, often at a yearly fee.


Can you sell fixed annuities yourself?

You can sell fixed annuities if you have a life insurance license.


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.


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 are the best ways to gain the benefits of using insurance annuities?

Insurance annuities is like investing towards your future. There are many different types of annuities, you should choose one that meets your financial situation.


Are annuities covered by any government insurance?

No


Are insurance company annuities safe?

Yes


What can I expect to pay for insurance annuities?

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.


How can one get annuities insurance?

The annuities can be received in the form of monthly,quarterly,half yearly, and yearly options.


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.