Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Gift keeps giving
By Staff WriterIt has been said that a membership to the fruit of the month club is the gift that keeps on giving, and to an extent that's true. Now there is an insurance product that allows grandparents to give the gift that keeps giving even after they pass on.
April 17, 2008
Variable annuity debuts with lower costsA partnership between Advisor Resources (a division of Aegon) and Transamerica Life Insurance Co. has resulted in a new, lower-cost variable annuity. Dubbed the Transamerica Advisor Elite, the annuity has no surrender fees and no front-end
April 17, 2008
Term life with a twistIn an effort to meet the needs of people who shy away from term life insurance because they think they may never need it, ING has introduced a return-of-premium term life policy. Designed to act like traditional term - with a fixed death benefit,
April 17, 2008
LTCI coverage made simpleMutual of Omaha is out to make purchasing long term care insurance coverage easier for consumers. The company introduced Mutual Care, a new addition to its LTCI portfolio. Mutual of Omaha took the most popular facets of basic LTCI coverage and put
April 17, 2008
AALTCI announces LTCI price indexAs the need for more people to cover themselves for long term care increases, it appears more people are getting the message, and they are getting it at a younger age. The American Association for Long-Term Care Insurance says two things are
April 17, 2008
Index-linked UL product debutsCalling it a policy that appeals to business owners and those who are looking at various estate planning options, ING introduced its Indexed Strategic Accumulator Universal Life policy. In addition to a fixed component where interest credited to the
April 17, 2008
Product enhances wealth transferWealth management and wealth transfer are two hot topics in the world of financial planning. A new product from Symetra Life Insurance Co. (designed with the help of Future System Advisors) may be able to help advisors who work with high-net-worth
April 17, 2008
A challenge to debunked VA mythsPerhaps in response to ("8 variable annuity myths," SMA Feb. 2007) Mr. Huggard's eight VA myths answered with half-truths, I should write my own that will fare better with the NASD. Myth #1: You don't pay a commission for a VA. If you tell a