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Insurance Glossary

Industry jargon and unfamiliar terminology can be confusing.

No insurance resource would be complete without a helpful menu of terms and concepts. This information-rich list will help you make sense of the solutions you are considering.

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Variable Annuities

A type of deferred annuity that can vary in value according to the performance of the underlying investment fund options. The policy owner accepts the investment risk for these products. Low Load variable annuities have no surrender charges and no sales loads.

*Securities offered through ProEquities, Inc., a Registered Broker/Dealer, and member FINRA and SIPC. LLIS is Independent of ProEquities, Inc.