What are the risks in annuities?


The fixed and fixed indexed annuities that Montana Life Group represents do not have direct market risk but there are several other risks to consider. Most importantly the financial strength of the issuing insurance company should be considered. Additionally an annuity purchaser should consider the surrender charges and surrender period (time commitment) required in an annuity. Surrender charges are the penalties that are imposed if a person surrenders their annuity early. A person should also pay close attention to any fees in the annuity. Often times an annuity with no annual fees can have an optional feature called a rider which actually does have an annual fee. Montana Life Group can help you navigate the complexities of annuities and will clearly spell out the associated risks and benefits. Give us a call or request more information.

Other recommended FAQs about Annuities

The Standard, MetLife, Principal Financial Group, Genworth, & Lincoln Financial Group