Ask Terry Questions insurance companies and annuity safety

insurance companies and annuity safety

By Terry Savage on April 24, 2020 | Wild Card

Can you see the big insurance companies taking big virus-related hits (such as claims from shut down businesses). Can you see our “safe” annuities becoming vulnerable if the issuing companies become vulnerable?

Terry Says

No, I’m not worried about that. These markets will come back eventually, and the insurance companies can ride it out with their investments.

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