Annuities are a type of insurance product that pays you income. Some people use annuities as part of a retirement strategy. What is an annuity?How much do annuities cost? SEE ALSOHow does my insurance company rate?What you need to know before you buy an equity-indexed annuity (PDF, 271.94 KB)NEED MORE HELP?Call us at 800-562-6900, 8 a.m. to 5 p.m., Monday - FridayLive chat with usContact us to ask an insurance question