Annuity Risk in Today's Financial Climate

Well, there is no way to definitively answer your question.

Any insurance product is only as good as the company that stands behind it and makes those guarantees. You probably need to speak directly with your provider.

If you haven't already, it may also be advisable to speak with a Certified Financial Planner. A holistic financial planner should look at your overall risk profile, your overall retirement needs and your overall asset and income structure. A good planner should also help you purchase financial products from only the most highly rated providers and -- depending on your overall asset structure, they may help you diversify your funds to multiple companies which might decrease your exposure to risk.

NewRetirement can connect you with a prescreened planner who should be able to strengthen your overall retirement plan. Continue here, if you are interested:
https://www.newretirement.com/Services/Professional_Financial_Advisors_Advice.aspx

This depends entirely on the financial health of the companies you are invested with. Even though their stock prices rode the roller-coaster over the last few months, many mutual insurance companies that offer annuities remain in a very healthy position, and can be great places for safe investing. Annuities often get a bum rap, but right now, safety is paramount. Do some homework, educate yourself on the credit quality of the company your policy is with. Resist the temptation- or salesmanship- to churn the annuity to another company until you do some homework- this costs you liquidity, and just earns fees for agents. But annuities overall are very good places to be now.
Nathaniel, Editor of http://www.annuitystraighttalk.com