The Huff

Insurance Stocks: Wall Street's Biggest Secret

Investors, now worrying about FDIC protection (or lack of) in CD's, Savingsand Money Market should look to AAA rated Insurance Companies, such as John Hancock or Transamerica. They should spread their funds across several insurance companies, investing in FIXED ANNUITIES, whic h are paying around 3.XX% to 4.XX% for 3 to 5 year terms.

If the improbable should happen, and the Insurance Company fails, the Annuity Funds are covered by State Guarantee Funds, ranging from $500,000 (for one) or up to $1,500,000 (for maximum of three). These Guarantees are funded by the Insurance Companies, who deposit a like amount for the term to the States.

Investors shouykld make sure that thier Insurance Company choices do belong to this Guarantee Fund - most of them do.


Shop around and reakly learn all about these instruments.

I am heavily vested and very happy. .