How Are Premiums Invested In A Fixed Annuity?
- 37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaIn a fixed annuity the funds are invested in the general account of the insurance company. These funds are invested so that the company can make the future payments that are promised. Companies often offer alternatives to their fixed account. These range all the way to a variable account where the owner of the annuity can select specific funds.Answered on September 8, 2014flag this answer
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