Variable Annuities
In a variable annuity, the income generated by the underlying securities is not fixed and may vary over time due to prevailing market conditions. Thus, while variable annuities can be less predictable than other investments, they also have the potential to take advantage of favorable market conditions.
While the value of your investment will fluctuate, every variable annuity has features that work to help reduce risk and increase your return.
- Professional Management - All portfolios are constructed and managed on a daily basis by investment professionals. Backed by education, experience and research teams, they are qualified to help you select the investments most suitable for your financial ariable annuities are sold by prospectus.
- Diversification - Because you invest in a portfolio, your risk is spread among many securities, reducing the possibility of losing a substantial amount due to any one security's decline in value. Keep in mind however that diversification does not protect against a loss nor does it guarantee that a diversified portfolio will outperform a non-diversified portfolio.
- Guaranteed Death Benefit** - Variable annuities generally guarantee that in the event of death during the accumulation period, no less than the entire amount of your premiums, minus withdrawals, will be paid out to your beneficiary.
**All guarantees are subject to the claims paying ability of the issuing company or companies. The guarantees do not apply to the separate account or to the variable investment choices offered under a variable annuity policy. The value of the separate account investment options is subject to market fluctuations.
Variable annuities are sold by prospectus. Before purchasing a variable annuity contract, investors should carefully consider the investment objectives, risks, charges and expenses of the variable annuity contract and its underlying investment choices. For this and other information, obtain the prospectuses for the variable annuity contract and its underlying investment choices from your registered representative. Please read the prospectuses carefully before investing or sending money.
Your financial services professional can help you review your individual circumstances - income, goals, financial/retirement resources, age and other investments - to determine what type of annuity is best for you.