Insurance Company

1) If it seems too good to be true, it probably is.  Buying an

• High Fees and Expenses
• The Hard Sell
• Complexity
• Lack of Good Information
• Loss of Control
• Liquidity Constraints
• Bequest Constraints
• Credit Risk
• Misrepresentation

• Probate Avoidance
• Financial Legacy and Bequest Motives
• Asset Protection
• Suitability
• Interest Rates
• Guaranteed Death Benefits

All annuities involve payments from an insurance company to you.  With some annuities the payments are fixed, and with other annuities the payments are variable.  Assuming that you purchase an annuity from an insurance company in the United States, you will receive payments in U.S. dollars.

The following list provides links to some of the key terms discussed in this chapter on