But those investors can, if they wish, buy inferior inflation protection now, in the form of investments like natural resources stocks.

"It was a good start to what will be a long process of diverse inflation protection."

The sample policies included a $200 daily benefit for four years, as well as inflation protection.

One place not to skimp is inflation protection, insurance specialists say.

And they would lose the inflation protection built into government benefits, which is increasingly important the longer you live.

If you are under 70, it is wise to choose compound rates instead of simple inflation protection.

Buyers may also choose optional features, including inflation protection and a withdrawal benefit in an emergency.

That is a strong reason to take a look at these securities now, when the inflation protection is relatively cheap.

Base annual payments - 25-year total face value is $358.5 billion (figures are subject to inflation protection and to volume adjustments) 1.

They will need the inflation protection and the guaranteed income of the current Social Security system.