Can Annuities Fail? 
Can annuities fail ? Yes , there is always that possibility and it has occurred on a small scale in the past . It is important to review the insurance company that you are considering buying from as you 're about to make a long term purchase and you need to see their books and see how they are doing . Nobody wants their insurance company to die before they do . Almost every state offers some protection from failures and you would have to check with your own state to see their rules and regulations for annuities sold in their state . You will have to check with your state office of the insurance commissioner for that information . 