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Originally Posted by retiredguy123
I wouldn't. It is a life insurance contract. Fixed index annuities have high fees and surrender charges. You can achieve better returns by investing the money yourself in a diversified portfolio of stock and bond index funds. I would suggest Vanguard Investments or Fidelity Investments.
I would suggest that you ask the company to send you a copy of the "entire" annuity contract so you can review it before you sign it. They will probably refuse to send it to you.
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Post your question to the Bogleheads Forum for additional views from some pretty savvy folks. They tend to be fans of Vanguard, but you will definitely get additional input, which is good before making such a financial decision.