The Golden Valley, Minnesota-based unit of Allianz SE offers access to extra diversification through the new Allianz Index Advantage Income Variable Annuity contract. The new contract gives ...

Annuities can help provide critical retirement income, but some are safer than others if there's a market downturn.

Annuities are insurance contracts that guarantee an income for a certain period, typically for the rest of your life ... Figure 1. Example of surrender charges associated with a variable annuity ...

A whole life annuity ... case of variable annuities. These agents or brokers typically earn a commission based on the notional value of the annuity contract. Assuming a 6% rate of return for ...

with a guaranteed minimum return that provides income for the rest of your life!" This promise propelled sales of variable annuities to $120 billion in the first nine months of 2011, already the ...

Want to buy an annuity at age 65? Here's how much a $500,000 could pay monthly — and what may affect your payout.

In large measure, this is why the variable annuity business does not meet our return expectations and why the sale ... and did a reinsurance deal with Swiss Re for its Conseco Direct Life Insurance Co ...

If a variable annuity settlement provides a refund or period ... the proceeds of a unit or units is guaranteed. The following illustration is taken from the regulations: 2 Example: Mr. Brown ...

This new annuity is issued by American General Life Insurance Company, a subsidiary of American International Group, Inc. As a variable annuity ... a news release. One example of the new product ...

Sun Life Financial Inc. (SLF), Canada's third-largest insurer, plans to stop selling variable annuities and individual ... Sun Life's U.S. insurance unit had losses of C$569 million in the third ...

SAN FRANCISCO (MarketWatch) -- Allstate Corp. is getting out of the variable annuity business by agreeing to sell its unit to Prudential Financial Inc. for more than $500 million. Allstate ALL ...