Friday, April 30, 2010

 

NAIFA Opposes Stranger-Originated Annuities

The National Association of Insurance and Financial Advisors adopted a policy opposing stranger-originated annuity transactions.

This relatively new type of annuity transaction involves guaranteed death benefit riders. These sales are demonstrating some of the same characteristics as stranger-originated life insurance, said NAIFA President Thomas D. Curry in a statement yesterday...

LifeSettlementsReport: NAIFA Opposes Stranger-Originated Annuities

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