Abstract

Are Annuities Safe?

Stewart, Maxwell S. | September 26, 1936 issue

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The arguments for an annuity are far more intriguing than those for an ordinary life-insurance policy. Instead of taking money from you during your entire lifetime which is to be repaid to your survivors, if any, after your death, the annuity provides a guaranteed fixed income for life. The idea of a secure income for life, even though it be small, is attractive to almost anyone, but there is something about the zeal of the agents which arouses suspicion. There is a sudden anxiety on the part of the companies to sell annuities when formerly they tended to play down this type of business.

See Also:

ANNUITIES; RETIREMENT income; LIFE insurance; INVESTMENTS; PENSIONS; FINANCE, Personal
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