Fixed Annuity
A fixed annuity provides a guaranteed rate of interest during the accumulation period and a guaranteed (“fixed”) amount of income when the contract is annuitized. With a fixed annuity, the insurance company is responsible for investing the premium payments and therefore assumes investment risk. The insurance company is obligated to provide guaranteed annuity payments regardless of whether their investments have generated an adequate rate of return. With a fixed annuity: 1) the money can go in as a single premium payment or a series of payments; 2) the money is invested at a fixed or guaranteed rate, and; 3) payments are at a fixed rate and can begin immediately or at some future date.
Great American
Great American Financial Resources, Inc. (GAFRI) started marketing insurance products in 1950 and is a wholly owned subsidiary of the American Financial Group, Inc. GAFRI is headquartered in Cincinnati, Ohio.
GAFRI provides insurance and investment products to individuals and businesses through its subsidiaries and affiliate companies such as Great American Life Insurance Company, Annuity Investors Life Insurance Company, Great American Advisors, Inc., Great American Life Assurance Company, United Teacher Associates Insurance Company etc.
Gleaner Life
Gleaner Life Insurance Society is a company that has, since 1894, offered its clients financial advising and planning through the use of life insurance, annuities, IRAs, and other benefits. As a fraternal beneficiary society, Gleaner Life has been owned and governed by its members who are dedicated to making a difference for individuals and the communities in which they live and serve. Products offerings include:
Fidelity
Privately held Fidelity Investments is one of the largest investment companies in the United States.