Fixed annuities can indeed include a death benefit. This feature provides a way for the annuity holder to pass on remaining funds to their beneficiaries upon their death. The specifics of the death benefit can vary depending on the terms of the annuity contract. In some cases, the death benefit may guarantee that the beneficiary will receive at least the amount of the initial premium paid, even if the annuity's value has decreased due to market fluctuations. It's important to carefully review the terms of the fixed annuity to understand the details of the death benefit and any associated costs or limitations. The presence and details of the death benefit in a fixed annuity should be clearly outlined in the annuity contract, so it's essential to review this document thoroughly before purchasing a fixed annuity. Additionally, it's advisable to consult with a financial advisor or insurance specialist to ensure a comprehensive understanding of the death benefit and its implications within the context of the fixed annuity.