Is Variable Annuity A Good Investment? 
Product suitability for each client is important . You need to establish a personal financial profile that includes a risk tolerance assessment , your financial goals and a life expectancy review . A non-qualified variable annuity is a security and an insurance product that accumulates tax deferred with a guaranteed interest rate account and separate sub accounts with using equities and bonds . Variable annuities are generally expensive , so the value proposition has been called into question by many advisers . The inventory of variable annuities is significant and you may want to review the Morning Star reports on any variable annuity you may be considering . Variable annuities can lose money , so make sure your risk tolerance fits the product . 