Annuity Vs Bonds

[roker]

Is there a danger of my pension provider not being able to pay my monthly pension Annuity due to the falling bond market. In particular the falling American bond market

 

[ClubMan]

Is it a sovereign annuity where payments are linked to the performance of certain government bonds, or a "regular" annuity with a guaranteed payment for the rest of your life?

What does your annuity policy contract say?

 

[roker]

It's a normal annuity which has been fixed for about last 15 yrs when I retired until death. I was worried about their ability to pay

 

[TomEdison]

No, you should be fine. Unless the life insurance company goes bust and defaults on its obligations (and no Irish life insurance company has ever doen this since before the foundation of the state) your annuity will be paid as promised.