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The death benefit in a variable annuity provides a safety net in case the annuitant dies before their payments begin. The specific workings of the death benefit can vary among different annuity ...
Annuity death benefit riders: These optional clauses offer a higher payout compared to the standard option, and are added to an annuity contract for a fee. A stepped-up benefit rider guarantees ...
American Home Shield serves over 2 million customers across 49 states and the District of Columbia. It is one of the largest home warranty providers in the United States. [10][11] The company works with over 16,000 independent contractor firms and 60,000 technicians in the U.S. [12][13] The headquarters are in Memphis, Tennessee. [1][14]
An annuity is a contract between up to four parties: Owner: The owner is the person who buys the annuity. Annuitant: The annuitant is the one who gets the benefit payments and is often the same as ...
Parent. Corebridge Financial. The Variable Annuity Life Insurance Company, or VALIC, a subsidiary of Corebridge Financial, Inc., (CRBG), is an insurance corporation that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments. VALIC's headquarters are in Houston, Texas.
Annuities in the United States. In the United States, an annuity is a financial product which offers tax-deferred growth and which usually offers benefits such as an income for life. Typically these are offered as structured (insurance) products that each state approves and regulates in which case they are designed using a mortality table and ...
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