Brighthouse Financial is a provider of annuities and life insurance. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment provides variable, fixed, index-linked, and income annuities designed for wealth accumulation on a tax-deferred basis, wealth transfer, and income security. The Life segment offers term, whole, universal, and variable life products for financial security and wealth transfer, which may be provided on a tax-advantaged basis. The Run-off segment consists of structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, universal life with secondary guarantees, and other products.