Early Retirement & Financial Independence Community - View Single Post - What happens if lifetime annuity issuer goes bankrupt?

mark · 05-12-2007, 04:09 PM

What exactly happens to your lifetime annuity if the issuer goes bankrupt?

For example, Vanguard issues through AIG. Say 15 years from now, AIG goes belly up. Do you stand in line with the rest of AIG's creditors?

05-12-2007, 04:09 PM	#1
mark Recycles dryer sheets Join Date: Mar 2005 Posts: 58	What exactly happens to your lifetime annuity if the issuer goes bankrupt? For example, Vanguard issues through AIG. Say 15 years from now, AIG goes belly up. Do you stand in line with the rest of AIG's creditors?