Separate Account

(1) An investment company (usually a unit investment trust) registered with the SEC that owns and holds assets for the benefit of participants in variable contracts. Because of the investment risk, insurers are required to keep their variable contract portfolios separate from their fixed investment portfolios. (2) An account established or maintained by an insurer under which the income, gains and losses of that specific account are credited or charged without consideration of the income and investment results of the other assets of the insurer. Separate accounts are used to fund variable contracts and provide the participant with a hedge against inflation.

Insurance is one of the most overlooked but vital parts of any good financial plan. Health Insurance Online has partnered with insurance companies to provide free no obligation quotes and advice for consumers.

Please wait while we find the best Insurance options for you.

Get Quotes from Multiple Providers to Compare Costs and Maximize Savings.

Health Insurance Home Insurance Life Insurance Auto Insurance Business Insurance Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming