Throughout the last decade, deferred annuities — and fixed indexed annuities (FIAs) in particular — have undergone a considerable evolution. As a result, they’ve become part of a broader conversation about diversification and the importance of considering products that offer more than just accumulation.

But accumulation is only part of the story. The latest release in NAFA’s FIA Education Series — Who Has Your Back? — explores the built-in protection system supporting fixed and fixed indexed annuities. From strong insurer reserves to strict state oversight and the security of state guaranty associations, this resource explains how these products are designed to deliver long-term stability, even in the face of unlikely events.