Posts Tagged ‘annuity’
Insurers to Annuity Owners: We Don’t Want More Money
Some insurers are telling owners of annuities they can no longer add money to older contracts with the richest guarantees. It isn’t often a business says, “Thanks, but no thanks,” when you try to invest more money with it. But that is what a growing number of life insurers are saying to people who, years back, bought the retirement-income [...]
More Consumers Look Online for Annuity Information
More than six in 10 consumers who researched individual insurance or annuity products looked online, up significantly from 38% who looked online in 2006. The number of people who considered the Internet their most valuable information source increased to 25% from 18% in that same time. Despite the Internet’s growing popularity, insurance [...]
