What Are Some Examples Of Annuities? 
There are two basic approaches to non-qualified annuities : immediate and deferred . Ideally , annuities should be considered ultimately as an income product . Single premium immediate annuities can generate income over a guaranteed and fixed period like 10 and 20 year certain . They can also be annuitized for the life of the annuitant . Their crediting method uses a combination interest rates and mortality credits . Non-qualified deferred annuities have crediting methods that include interest rates , indexed and separate sub accounts in variable deferred annuities . 