Long-form
Annuities Explained | Annuity Buyers GuideSummaryIn this 21:28 Annuities Explained video, Jeffrey Scott McLeod, LUTC, covers “Annuities Explained.” This is the buyer guide to fixed deferred annuities with appendix for index annuities I'll prach through the the uh main section. Now they're just called Fix index annuities what are indexed annuities an index annuity is look at this keyword I'm highlighting a fixed annuity and remember the word fixed means fastened with guarantees either immediate which means income. So a fixed index annuity is an interest rate vehicle it earns interest or provides benefits that are linked to an external reference that might be tied to the S&P indexes look at what the insurance Commissioners say here. Not a loan contract how are they different from other using voice inflection here from other fixed annuities and indexed annuity is different from other fixed annuities Insurance education only—not securities advice. Key takeaways
From the NAIC Buyer’s GuideFixed indexed annuities are a type of fixed annuity that earn interest based on changes in a market index; the interest rate is guaranteed never to be less than zero, even if the market goes down. When you buy an indexed annuity, you are not investing directly in the market or the index. Deferred annuities differ by how you pay premiums—such as single premium, flexible premium, or other patterns described in the contract—and by fees and charges. The 2022 NAIC Buyer’s Guide for Deferred Annuities explains that an annuity is a contract with an insurance company. With an annuity, the insurer promises to pay income on a regular basis for a period you choose—including the rest of your life. Source: NAIC Buyer’s Guide for Deferred Annuities (2022). The guide does not endorse any company or policy. For your state insurance department, see www.naic.org. Questions about fixed index annuities? Call or text 501-658-9882 · Book a time on the calendar Insurance-only disclaimer Jeffrey Scott McLeod, LUTC, is a licensed insurance producer. Content on this page is educational and discusses insurance products only—not securities, brokerage, or investment advisory services. Texas license 901162. Arkansas / National Producer Number 558629. Product availability, rates, and features vary by state and insurer. Read the NAIC Buyer’s Guide and the insurance contract before you buy. More videos |
Jeffrey Scott McLeod, LUTC — Licensed insurance producer. Texas license 901162. Arkansas / National Producer Number 558629. Insurance products only; not securities or investment advisory services.
|