Annuity

An annuity is a special investment that combines investing with insurance. Often, you will purchase an annuity from an insurance company such as AllState, Hartford, or AIG. Although investing in an annuity has many benefits, an annuity is not for all investors. When an investor purchases an annuity, he or she often wants some sort of a guarantee that is not available on the stock market. An annuity allows a conservative investor to invest in the stock market without taking on the associated risk. However, because of this added decreased in risk, the fees you have to pay when investing in an annuity are usually much higher than in any other types of investments. Check all annuity rates and get as many annuity quotes as possible before investing in an annuity.