Prior to about 1997, principal protection under variable annuity contracts was offered only in the case of death. In 1997 the first Guaranteed Minimum Income
A variable annuity, while not designed as an estate planning tool, does offer some benefits in this area. An annuity avoids probate, provides flexibility when
B-Share Variable Annuities Most variable annuity contracts are B-share products. They are offered with no initial sales charge, but cancellation of the contract during its