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Death Benefit

When an insured party passes away, the amount of capital paid to the designated beneficiary or beneficiaries is referred to as the death benefit. Death benefits are commonly paid to beneficiaries of life insurance policies, annuities and some pensions.

High expenses or fees are one criticism I have heard regarding annuities. Can you explain the fee structure around annuities?

Annuities are products that combine insurance and, in the case of variable annuities,

Glossary: 
Annuity
Accumulation Period
Annuitant
Annuity Payments
Asset
Contract Holder
Fixed Annuity
Guaranteed Lifetime Withdrawal Benefit
Guaranteed Living Benefit
Guaranteed Minimum Accumulation Benefit
Guaranteed Minimum Income Benefit
Guaranteed Minimum Withdrawal Benefit
Insurance Company
Insurance
Insured
Investing
Living Benefits
Market Risk
Variable Annuity
Surrender Charge
General Account
Mortality
Income
Bond
Death Benefit
Financial Advisor
Investment Management Fee
GLWB
GMAB
GMIB
GMWB
Companies: 
Vanguard
Key Phrases: 
Taxes
Expenses
Withdrawal
Mutual Funds
Innovation
Product Development
Fees
Annuity Sales
FAQ Topics: 
Annuities Information
Key Phrases:
Glossary: 
Annuity
Accumulation Period
Annuitant
Annuity Payments
Asset
Contract Holder
Fixed Annuity
Guaranteed Lifetime Withdrawal Benefit
Guaranteed Living Benefit
Guaranteed Minimum Accumulation Benefit
Guaranteed Minimum Income Benefit
Guaranteed Minimum Withdrawal Benefit
Insurance Company
Insurance
Insured
Investing
Living Benefits
Market Risk
Variable Annuity
Surrender Charge
General Account
Mortality
Income
Bond
Death Benefit
Financial Advisor
Investment Management Fee
GLWB
GMAB
GMIB
GMWB
Key Phrases: 
Taxes
Expenses
Withdrawal
Mutual Funds
Innovation
Product Development
Fees
Annuity Sales
FAQ Topics: 
Annuities Information
Companies: 
Vanguard

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