Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide ...

Surrender, in the context of annuities, refers to the act of terminating the annuity contract and receiving the remaining value of the contract in a lump sum, rather than receiving future payments.

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Mis-selling pulls families into long-term commitments, and low surrender values lock them in. Until these rules change, life insurance will remain a product where many lose more than they gain.

You can cancel an annuity at no cost during the “free-look” period, but after that point it can be much harder and more ...