As the COVID-19 pandemic continues to surge around the county, many Americans are looking into long-term care options and are shocked at what they’re finding. Many years ago, the underwriting criteria for long-term care was changed by the insurance industry leading to a significant increase …
Further evidence of the recent boom in buffered variable annuity sales has surfaced in the form of third quarter numbers released by Allianz. According to a recent InsuranceNewsNet article, the financial services company claims that sales of these annuity products increased by an impressive 62% …
The hybrid annuity market has been on fire recently, and experts agree that it’s only going to get hotter. Eric Steigerwalt, president and CEO of Brighthouse Financial, is a big believer of the products and an even bigger seller of them. Steigerwalt claims that the …
Have you heard of “buffer annuities?” They’re described as sort of a cross between variable and indexed annuities. Through exposure to structured products like options contracts, they boast a protection to the downside in exchange for a cap to the upside. Several industry players have …
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