Traditionally, annuities were sold through this type of company
(A third type of annuity, called a variable annuity, is not discussed here
... [DOC] [TLE] Annuity (American) - Wikipedia [PAR] In the United States, an annuity is a contractually executed, relatively low-risk 
investment product, where the insured (usually, an individual) pays a life 
insurance company a ... At this time, annuities were offered in the form of a 
tontine, or a large pool of cash ....