Thursday, February 08, 2007
EIAs Get a Makeover to Shed Bad Image and Gain Bank Reps Support
In recent months equity-indexed annuities (EIAs), like the Hope Diamond, have become a magnet for publicity. Take the case of Allianz Life Insurance of North America. Allianz sold more than 4,900 deferred annuities including EIAs since 2000 - valued at around $260 million - to senior citizens over 70 in Minnesota. Last month, the state’s Attorney General Lori Swanson sued the insurance giant after numerous complaints from consumers who bought them.
EIAs Get a Makeover to Shed Bad Image and Gain Bank Reps Support
Source: Insurance News Net
EIAs Get a Makeover to Shed Bad Image and Gain Bank Reps Support
Source: Insurance News Net
Permalink posted by armandn @ 6:43 AM 
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