Annuities and life insurance provide solutions for different life needs, though each are offered by insurance companies. Annuities provide a stream of income while you or your family are alive, ...
If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...
What Is a Life Insurance Annuity? A life insurance annuity is a unique product that combines life insurance and an annuity. It is essentially a contract between an individual and an insurance company ...
Converting life insurance to annuities is a financial strategy that involves transforming the death benefit of a life insurance policy into a stream of income through an annuity contract. This ...
When it comes to insurance products, here’s one piece of advice: The key isn’t what the product is — it’s what the client wants to do with it. We’ve been trained to think each product has one specific ...
Hang Seng Insurance announced the launch of the enhanced version of the FortuneLife Deferred Annuity Life Insurance Plan1 ('FortuneLife'), a Qualifying Deferred Annuity Policy ('QDAP'). This updated ...
Private equity firms are buying up insurers — and the policies they hold — at a feverish pace. Some groups, namely financial advisors, fear the trend may be bad for consumers who own annuity and life ...
If your clients own life insurance or annuities they may soon be at risk for losing all the money they’ve put in. That dire warning comes from Larry Rybka, chairman and CEO of Valmark Financial Group ...
WEST HARTFORD, Conn. (Insure.com) -- If you have an annuity -- whether it's variable, fixed, or equity-indexed -- and you're thinking of dumping it, carefully consider the consequences of your ...
The collaboration provides advisors and agents with the first, fully integrated annuity, life and long-term care sales experience, from advisor-centric quoting to interactive “Sales Stories” and ...
You may not need burial insurance or an expensive whole life insurance policy. Try these alternatives instead.
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