fixed annuity
Definition
An investment vehicle offered by an insurance company, that guarantees a stream of fixed payments over the life of the annuity. The insurer, not the insured, takes the investment risk. also called fixed dollar annuity.
 Cite this definition
Related Terms
variable annuity, hybrid annuity
Related Research Articles from the InvestorGuide.com University
Health Insurance
Learn about the various kinds of health insurance available, including HMOs, PPOs, FFS plans, and Medicare. Find information about the advantages and disadvantages of each type of plan to help you decide what plan is best for you.
Life Insurance
Includes all you need to know about provisions and types of life insurance policies. Learn about incontestable provisions, suicide provisions, reinstatement clauses, excluded risks, and settlement options. Once you speak the lingo, read up on the different types of life insurance: Term life, cash value, whole life, single premium life, universal life, variable life, and variable universal life.
Homeowner's Insurance
Experts say that even if a mortgage is paid off, homeowner's insurance is still a good buy. This article describes different types of homeowner's insurance, and basic information on filing claims.
Featured Sponsor
Compare Fixed Annuities
Research the best fixed annuities on AnnuityFYI.com. Compare fixed annuity rates, and check out experts� top picks.
|
