Annuities (2020) Take this Course Course Content Expand All | Collapse All Lessons Status 1 Annuity Principles and Concepts What are Annuities? Similar to Life Insurance Different than Life Insurance Annuitant, Owner, Beneficiary Accumulation Period Annuity Period 2 Immediate vs. Deferred Annuities Single Premium Immediate Annuities (SPIAs) Deferred Annuities Deferred Annuities - Premium Payments Deferred Annuities - Nonforfeiture Deferred Annuities - Surrender Charges Deferred Annuities - Death Benefits 3 Annuity Benefit Payment Options Benefit Payment Options Pure Life Life with Guaranteed Minimum Single Life vs. Multiple Life Annuities Certain 4 Annuity Products Types of Deferred Annuities Fixed Annuities Indexed Annuities Market Value Adjusted Annuities Variable Annuities 5 Uses of Annuities Uses of Immediate Annuities Uses of Deferred Annuities Individual Retirement Annuities