Its been a while that I haven’t looked at variable annuity products, so I am writing this post to refresh my memory tool! A variable annuity products is a insurance product, it is most of the time a life insurance products. People invest and are supposed to recieve some fixed coupons amount based on the valuation of the portfolio. Let;s assume Mr A has bought a variable annuity instrument from a life insurance, The insurance purchase a basket of Equity and bond and money mark