Annuities

Variable Annuities

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Buy variable annuities

Wholesale Insurance does not currently sell variable annuities.

What are variable annuities?

Variable annuities are the type of deferred annuity that gives the owner the most control over his retirement fund. With variable annuities, the interest you accrue depends on your investment decisions.

Because the owner holds greater control, he/she also holds greater risk. If your investments perform poorly, you will accrue but little interest. However, variable annuities provide a guaranteed minimum interest rate, below which your growth will not fall.

Your investment decisions

With most types of annuity, the premiums you pay (your principal) are invested as part of a life insurance company's general portfolio, but with variable annuities, your premiums are invested separately, and you get the interest from those investments.

Your annuity won't accrue 100% of the interest earned on its investments, however, because variable annuities entail additional administration costs, since the principal must be tracked and invested separately.

You won't have absolute control over where your principal is invested. Rather, the life insurance company will provide you with a number of investment options from which to choose and among which your principal may be divided up and moved around. You are not obliged to keep your money where you initially placed it. You can change your investments over time.

A few of the carriers we quote

For assistance call 1-800-823-4852 7am–6pm M–Th, 8am–5pm Friday (Pacific time).
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R. Jan Pinney CLU, ChFC, is a licensed life insurance agent in all states and the District of Columbia. The following agent license numbers are provided for R. Jan Pinney as required by state law: CA agent #0440057, LA agent #291116, MA agent #1674866, MN agent #20270113, UT agent #58330, agent R. Jan Pinney, DBA Pinney Wholesale Insurance Services. Commercial use by others is prohibited by law. This site provides term quotes. Each rate shown is a quote based on information provided by the carrier. No portion of WholesaleInsurance.net may be copied, published, faxed, mailed or distributed in any manner for any purpose without prior written authorization of the owner.