Insurance and Annuities
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Charles Schwab Insurance Services (CSIS) offers a broad range of annuity products to help clients meet their retirement goals, and term life insurance to provide financial security for their families.
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Facts
| Headquarters |
San Francisco |
| History |
Founded in 1994 |
| Management |
Randall W. Merk, executive vice president of Investment Management |
| Clients |
Individual investors and financial advisors |
| Client assets |
Assets under management as of June 30, 2008: $1.35 billion |
Products and Services
Charles Schwab & Co., Inc. a licensed insurance agency, offers annuity and insurance products underwritten and issued by non-affiliated insurance companies1.
Products include:
- Variable, fixed and equity index deferred annuities offering varying degrees of market participation to help clients save more for retirement through asset growth with tax deferral
- A fixed immediate annuity to provide a steady stream of income through guaranteed payments throughout retirement
- High-quality, low-cost term life insurance policies
1Charles Schwab & Co., Inc. a licensed insurance agency, offers annuity and insurance products issued by non-affiliated insurance companies.
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