Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
AAHSA voices support for H.R. 6408
By Staff WriterWe are grateful to Sen. Charles Grassley, R-Iowa, Sen. Max Baucus, DMont., Rep. Bill Thomas, R-Calif., Rep. Nancy Johnson, R-Conn., and Rep. Dennis Hastert, R-Ill., for working in a bipartisan manner to craft and introduce H.R. 6408. We urge
April 17, 2008
What clubs and organizations do you belong to, and how involved are you?I belong to the AARP, but I mostly like to read their magazine and use the senior discount. Otherwise, I'm too busy to be in any clubs - unless you count golfing with the same group of guys every month." - Frank K., 62Oswego, N.Y. I'm an active
April 17, 2008
LTCI carrier surpasses sales landmarkIn a market that has been struggling to gain traction, one company has passed a milestone. John Hancock Life Insurance Co. announced it has more than 1 million long term care insurance policyholders across its individual and group lines. LIMRA
April 17, 2008
What kind of marketing tends to best attract your attention?I like to get informational things in the mail that also get my attention to make me want to open it. So if I'm interested, I like to be able to just keeping reading about something right away. A 30-second commercial might get my interest, but I
April 17, 2008
Teach seniors these phone fraud tip-offsTelemarketing scams will ensnare anyone who doesn't watch out for himself, but they go after the elderly far more often than other groups. Many scams involve bogus prize offers, phony travel packages, get-rich-quick investments and fake charities.
April 17, 2008
Did you sign up for Medicare Part D prescription drug coverage, and if so, what did you think of the process?I signed up for the plan, but it was not easy. I wanted to get it done by the deadline, so thankfully my pharmacist walked me through the process. I hope I picked the right plan." - Paul K., 68Savannah, Ga. I did not sign up for Medicare Part
April 17, 2008
Hancock creates new business unitIn an effort to expand integrated lifetime retirement solutions for consumers, John Hancock has formed a business unit that will create new solutions for retirement income goals. The Retirement Income and Rollover Solutions unit will complement the
April 17, 2008
Lifetime withdrawal benefit debutsIn a nod to Americans who want a guaranteed stream of income during retirement, John Hancock Annuities has introduced an optional lifetime withdrawal benefit rider, Income Plus for Life, to its Venture Variable Annuity contracts. Annual income is