Behind the Scenes: Explaining the Hidden Side of Life Insurance & Annuities

In insurance, many consumers make purchasing decisions based on insufficient information. With many forms of insurance, like home or auto policies, the risks involved are relatively straightforward. Other products, like fixed index life insurance and annuities, are related to financial markets and interest rates that consumers may not be aware of.

Key takeaways

1. 1. Life insurance and annuities can be complex financial products that require licensed agents and producers to aid in consumer understanding. 
   2. Educating clients on the investment strategies behind indexed life and annuity policies will help them make the best possible decision.
   3. Insurance and financial professionals should also help their clients assess the financial health and ratings of the insurance carriers.