Variable Annuity
An annuity whose value moves with investments in subaccounts. Variable annuities are registered as securities and require a prospectus.
Example
Premium is allocated 60% to an S&P 500 subaccount and 40% to a bond subaccount.
An annuity whose value moves with investments in subaccounts. Variable annuities are registered as securities and require a prospectus.
Premium is allocated 60% to an S&P 500 subaccount and 40% to a bond subaccount.