Life Insurance and Annuities

Introduction to Life Insurance and Annuities . .. 2 Defining Your Needs . . .3 Life Insurance 4 Choosing the Amount of Life Insurance 4 Steps to Determine How Much Life Insurance You Need 4 Choosing the Appropriate Type of Life Insurance. . 5 Important Facts If You Are Considering Changes To Your Life Insurance Policy 10 Annuities 13 Deferred Annuities 14 Choosing the Type of Deferred Annuity 14 Finding a Good Buy 16 Other Useful Information 17 Suitability 17 Agents 17 Reliability and Stability of Companies 18 Information Sources 18 The California Insurance Code and Code of Regulations 19 Beware of Any Agent Who… 20 Shopping Tips 21 Glossary of Terms 23 Highlights in Spanish 28 Table of Contents