Does SIPC Cover Variable Annuities?
- 0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaVariable annuities are classified as a security under the regulatory over sight of FINRA and an insurance product regulated by the department of insurance for each state. SIPC does not provide protection against market losses, so it doesn’t protect the down side risk negative returns.Answered on July 25, 2013+01 0+1 this answerflag this answerview more answers by David Racich
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