I heard about a slightly higher interest rate offered with a company that does not meet AnnuiSafe safety rating guidelines – should I take it?
Lesser companies still need clients, and they often attract them with ‘smoke and mirrors’, such as a higher promised interest rate or flashy features that sound good. The bottom line is that if the guaranteeing company can’t meet it’s policyholder obligations, the policy holders’ funds are not safe, regardless of what the contract says.