Are Annuities Safe?
In this video, Juliette Fairley explains that an annuity’s safety depends on the financial stability of the issuing insurance company, making it crucial to research the insurer’s solvency, ratings, and overall stability.
Video Transcript
Whether an annuity is safe or not is going to depend on the insurance company that is offering the annuity. So therefore it's as safe as the insurance company is safe. That is why it's very important to research the insurer, research its solvency, research financial stability, and research its rating.
