Posts Tagged ‘retirement income’
Solving the Riddle of the Immediate Annuity
Only about 3% of insurance policies sold are immediate or income annuities. Policyholders often can’t get access to cash once they sign the annuity contract. Plus, if they die before their principal is exhausted, any money left, unless they make other arrangements, generally goes to the insurance company. Even if the immediate annuity permits [...]
Retirement Income Market – A Significant Growth Opportunity for Life-Annuity Insurers
The retirement income market represents a unique opportunity for insurers to realign their solutions to meet an evolving consumer need, according to a new study by Conning Research & Consulting. Life and annuity insurers have been helping individuals amass assets in preparation for retirement. At the end of 2011, for example, individual and [...]
