Variable Annuity Life Insurance

Variable life insurance values either variable whole life or variable universal life and death benefits vary according to the performance of the underlying subaccounts.

Variable annuity life insurance. It provides annuities and life insurance to more than 25000 client groups representing some 2 million. The company is a major provider of group retirement plan services to schools government agencies hospitals and other not-for-profit entities. The death benefit which is the amount of money paid to the beneficiary when the policyholder dies and the built-up cash value account to which interest is credited while the policyholder is alive and paying premiums.

Life annuities are separate financial products that earn interest at a fixed or variable rate and pay out over your lifetime. This variety is in significant part connected to the market execution of the investments made by the pension fund or annuity that the individual has put resources into. Potentia is available to participants in retirement programs that qualify for.

The Variable Annuity Life Insurance Company or VALIC a subsidiary of American International Group Inc AIG is an insurance corporation that specializes in tax-qualified retirement plans supplemental tax-deferred and after-tax investments. With the latter you can make a series of withdrawals from the policys cash value make a single large withdrawal or simply use the cash value as collateral in a policy loan. Contract that is designed to accept premiums in order to provide payments to the contract holder at a later date typically at retirement.

Variable Annuity Life Insurance. VALICs headquarters are in Houston TexasVALIC ranks in the top 10 of all US. The money you pay is allocated to an investment portfolio.

It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features such as the ability to turn your account into a stream of periodic payments. Skip to content 623-537-7825 16165 N. The Variable Annuity Life Insurance Company Entity featured on Fitch Ratings.

If you are between 30 and 50 in good health and you need life insurance whole life can also be a. HSBC Life Variable Annuity is a capital guaranteed 1 retirement solution that is designed to provide you with a stream of guaranteed monthly retirement income. The Variable Annuity Life Insurance Company VALIC was founded in 1955 and is based in Texas.