Carriers are getting in over their heads with variable annuities and annuity contract holders are dusting off their spectacles to look over the fine, fine print. Overgenerous benefits and riders promised a pre-crisis and pre-low interest rate environment, but advisors, clients and carriers are getting headaches. Not to mention giving annuities a brand-new public relations crisis.
Life insurers volunteered to give consumers facing COVID-19 financial hardship 90 days to pay their bills.
Funeralocity.com and Lantern.co are promoting each other, and recommending other service providers.
The draft interpretations could affect mortgage loans and premium grace periods.
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