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AnnuityNet: Web Shortens Annuity Sales Cycle

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NU Online News Service, July 12, 3:25 p.m. – AnnuityNet Inc., Leesburg, Va., says new, Web-based annuity sales systems have shortened the average processing time for variable annuity orders to less than a week, from an average time of 14 to 60 days when paper systems ruled.