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.

Sagicor Life

Short Company Name: 
Sagicor Life
Long Company Name: 
Sagicor Life Insurance Company

Company Type: 
Insurance Company
Address
Street Address: 
4343 N Scottsdale Road Ste 300
City: 
Scottsdale
State: 
AZ
ZIP Code: 
85251
Country: 
USA
Phone Number: 
800-531-5067
Fax Number: 
480-425-5126
Year Founded: 
1840
Ticker Symbol: 
SFI.L

American Equity

Short Company Name: 
American Equity
Long Company Name: 
American Equity

Company Type: 
Insurance Company
Address
Street Address: 
6000 Westown Parkway
City: 
West Des Moines
State: 
IA
ZIP Code: 
50266
Country: 
USA
Phone Number: 
888-221-1234
Fax Number: 
515-221-9947
Year Founded: 
1995
Key Phrases: 
Ticker Symbol: 
AEL

West Coast Life

Short Company Name: 
West Coast Life
Long Company Name: 
West Coast Life

West Coast Life Insurance Company was started in 1906 in San Francisco with industry veteran Dr. George A. Moore as the president of the company. In 1997, West Coast Life Insurance Company merged with the Protective Life Insurance Company and now it operates as its subsidiary.

West Coast Life offers term life insurance, universal life insurance, survivor life insurance, and annuity products to individual customers. The description of their products is as follows:

Company Type: 
Insurance Company
Address
Street Address: 
2801 Highway 280 South
City: 
Birmingham
State: 
AL
ZIP Code: 
35223
Country: 
USA
Phone Number: 
1-800-456-6330
Fax Number: 
888-615-9619
Year Founded: 
1906

Fixed Annuity Market Challenges

A very good article from Darla Mercado at Investment News discusses the current challenges that insurers face in the fixed

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