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Fixed annuities

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Fixed annuities
Contracts in which an insurance company or issuing financial institution pays a fixed dollar amount of money per period.


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Risk: A distinction between variable and fixed annuities is investment risk.
Top 1 0 writers of fixed annuities sold through banks.
Broad has $11 billion in assets and markets fixed annuities, variable annuities, mutual funds, trust services and investment management services.
 
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