Are fixed annuities insured?

Answer As investment products, Federal Deposit Insurance Corporation (FDIC) insurance excludes fixed annuities, meaning that the products are not covered by government insurance. If the value of the annui... Read More »

Top Q&A For: Are fixed annuities insured

Are single-premium fixed annuities insured?

Single-premium fixed annuities are contracts between clients and insurance companies that guarantee fixed payments over a period of a person's life until his death. Although not insured, they are g... Read More »

Are variable annuities insured?

Variable annuities are not insured by the Federal Deposit Insurance Corporation (FDIC), or any bank, credit union or insurance company that sells them. Institutions are required to inform you that ... Read More »

Are annuities insured by the FDIC?

Annuities are not FDIC-insured, even if a bank that is FDIC insured offers them. If a bank that fails holds your annuity, the Federal government doesn't guarantee your deposit. Your investment coul... Read More »

Are annuities FDIC insured?

The Federal Deposit Insurance Corporation (FDIC) covers only traditional banking products, such as checking, savings and certificates of deposits. Annuities and other types of investments sold thro... Read More »