What Is a Life Insurance Annuity? A life insurance annuity is a unique product that combines life insurance and an annuity. It is essentially a contract between an individual and an insurance company ...

Life insurance annuity, a hybrid financial product, seamlessly marries the risk protection of life insurance with the income ...

Most insurers pay out policies in a lump sum, but some companies offer installment payments. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...

Suitability standards for life insurance and annuities haven't stood still. They've been revised and reinterpreted over time.

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Ridofranz / Getty Images Life insurance pays beneficiaries a benefit ...