If you put your life savings into an annuity, what happens if the insurance company suddenly goes bankrupt? While annuities do not have FDIC insurance like a traditional bank account, they do have a powerful, built-in safety net designed to protect your money!

In this video, Shawn Plummer from The Annuity Expert answers the critical question: Who actually guarantees annuities? Shawn breaks down exactly how the State Guaranty Association (via NOLHGA) works to protect your funds if a carrier becomes insolvent. With limits typically ranging from $250,000 to $500,000 per person per policy, you will learn the exact "split strategy" high-net-worth investors use to spread large deposits across multiple companies so every single penny stays protected.

Shawn also reveals the "inside baseball" truth about insurance company insolvencies compared ...