Friday, September 01, 2006
New York Life Annuity Tied to Interest Rates: Allows Investors to Benefit from Rising Rates
When shopping for mortgages, home buyers know they can refinance if interest rates fall. But people hesitate to buy fixed income annuities because they know they can't "refinance" when rates go up.
Until now, that is. As part of a multi-option campaign to soothe consumer qualms about income annuities, New York Life has introduced a feature that lets policyholders benefit from a potential rise in a benchmark interest rate.
New York Life Annuity Tied to Interest Rates: Allows Investors to Benefit from Rising Rates
Source: Insurance News Net
Until now, that is. As part of a multi-option campaign to soothe consumer qualms about income annuities, New York Life has introduced a feature that lets policyholders benefit from a potential rise in a benchmark interest rate.
New York Life Annuity Tied to Interest Rates: Allows Investors to Benefit from Rising Rates
Source: Insurance News Net
Permalink posted by armandn @ 12:35 PM 
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