Direct answer
Yes, fixed indexed annuities are legal in California, provided the product has been filed with and approved by the California Department of Insurance.
Product approval records from the California Department of Insurance database. For official verification of authorized insurance products, see the California Department of Insurance‘s searchable database.
What this means for you
Yes, fixed indexed annuities are legal in California, provided the product has been filed with and approved by the California Department of Insurance.
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