Annuity Companies Are Not Smarter Than Banks: Shootin' It Straight With Stan (TAM Classic)
04 June 2025

Annuity Companies Are Not Smarter Than Banks: Shootin' It Straight With Stan (TAM Classic)

“Fun With Annuities” The Annuity Man Podcast

About

In this episode, The Annuity Man discussed: 

    Annuity companies are more regulated than banks 

    Features that protect the annuity industry 

    There is no run on annuities 

    How the banking crisis will affect the annuity industry 

 

Key Takeaways: 

    Annuity companies are more regulated than banks, with features like surrender charges and market value adjustments that prevent runs on the company.

    Annuity companies are required to invest in investment-grade bonds, providing stability, unlike banks that had to sell bonds during the recent crisis.

    Lifetime income products offered by annuity companies, such as SPIAs and DIAs, are irrevocable and provide a guaranteed income stream for life, preventing panicked withdrawals.

    The National Association of Insurance Commissioners (NAIC) plays a crucial role in overseeing annuity companies and protecting consumers, and the recent banking crisis will likely lead to increased oversight of the annuity industry.

 

"The bottom line: the annuity industry has put in place features to not only protect you, the consumer, which is their ultimate goal, period, but to protect the industry as well." —  Stan The Annuity Man. 

 

Connect with The Annuity Man: 

Website: http://theannuityman.com/ 

Email: Stan@TheAnnuityMan.com 

Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g 

Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!