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Are fixed annuities safe investments?

April 26, 2017annuities fixed investments safe

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Are fixed annuities safe investments?

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Emigrant Financial Services makes tax-deferred annuities available only through highly-rated insurance carriers. Ratings are provided by AM Best Company, an independent firm which specializes in assessing the financial conditions and operating performance of all life insurance companies. For information on the insurance carriers represented by Emigrant Financial Services, please contact a Financial Consultant at one of our Branches. Principal and interest of fixed rate annuities are guaranteed by the insurance carriers who offer them. Legal reserve life insurance companies are mandated by law to establish reserves at least equal to the benefits provided by the annuity policies in force. Securities are offered through Essex National Securities, Inc. (ENSI), member FINRA SIPC. ENSI is not affiliated with Emigrant Savings Bank. Insurance products are offered through Emigrant Agency, Inc. which is affiliated with Emigrant Savings Bank.