Awasome Life And Annuity Insurance References. Web annuities industry 1 exhibit 1 life insurance companies have recovered from the financial crisis and grown beyond precrisis levels. People sometimes ask, is an annuity life insurance? the answer is no.

The person who buys life insurance rarely sees those benefits—they're intended instead for heirs and dependents. Web life insurance protects an insured person’s family if they die prematurely, and annuities provide a lifetime income to guarantee the annuity buyer never outlives their money. A life annuity is a.