3 Answers

Hybrid Annuity is an insurance contract that allows buyers to allocate funds to both fixed and variable annuity components.

Historically, you can choose one or the other.

Most hybrid annuities allow the investor to choose the amount of assets to allocate to the more conservative, fixed return investments, which offer a lower but guaranteed rate of return, and what amount to allocated toward more volatile variable annuity investments such as investments in more aggressive mutual funds, which offer the potential for higher returns.

What is a hybrad annuiti?

Annuities probably vary according to the rules of the country of residence., for instance, smokers, people with incurable diseases likely to shorten life can get better rates. I This is called  an 'impaired life annuity'. I have one as I am diabetic, which gives me about 10% more than a standard annuity as I am not expected to live a normal length of life. This is an annuity taken out in the UK.