Series 66: 3.6.4.1. General Vs. Separate Accounts

Taken from our Series 66 Online Guide

3.6.4.1. General vs. Separate Accounts

In a fixed annuity, the customer’s investment is deposited into the insurance company’s general account. This means that the insurance company manages the customer’s funds within the same pool that contains the funds for other insurance products. Annuitants rec

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