Fixed Annuities

There are 2 types of insurance policies/contracts that offer fixed returns with no downside exposure. They are:

1. Deferred Annuities
2. Immediate Annuities

Fixed Deferred Annuities can give an investor a fixed guaranteed deferred rate during the accumulation period.  Contract guarantees are based on the claims-paying ability of the insurer.

Fixed Immediate Annuities will pay a guaranteed payment for a specific period or for life.