An axa annuities is any stream of pre-determined payments over a particular interval with the simplest type being an instantaneous pay annuity. Annuity is just not actuarially sound as cost spans a period of 10 years and life expectancy is 5 years. They are paid for a term of years, regardless how long the investor lives which makes an annuity not a short-term investment. It’s an investment car between an investor and an insurance carrier as a agreement between the customer and the insurance company. Annuities are neither a health insurance nor a life insurance coverage, however an insurance instrument that insures retirement that pays out income, and can be utilized as part of a retirement strategy.
What Annuities Will Do For You
June 13th, 2011 | Investing
