Can Annuities Fail? 
Fixed and indexed annuities are only as solvent as the insurance company behind them . So review the ratings to make sure you feel financially comfortable with your company selection . Generally speaking fixed annuities offers a guaranteed interest rate over a fixed period of time and both those features are contractual guaranteed as long as you hold the contract until it matures . Variable annuities , although an insurance product , is also a security that uses separate sub accounts with access to equity and bond investments that can lose money . 