More than half of all annuity buyers could give their retirement income a significant boost, simply because many medical conditions entitle you to a better rate.
The Insurance Regulatory and Development Authority (Irda) wants all pension products to do exactly what they are expected to do — provide pension to policyholders.
Bob MacDonald, former CEO of Allianz Life and a frequent commentator on the insurance industry, today warned that life and annuity insurance companies that commoditize their products are in a race to the bottom that could spell disaster.Wayzata, Minn. (PRWEB) October 17, 2011 Bob MacDonald, former CEO of Allianz Life and a frequent commentator on the insurance industry, today warned that life ...
AXA Equitable Life Insurance Company announced today an update to its flagship, variable annuity, Accumulator®, first introduced in 1995. The product series now offers an enhanced, competitive 5 1/2 percent deferral bonus roll-up rate, which delivers compounded growth on Accumulator's income producing rider's benefit base to age 85.
Amidst a volatile market and uncertainty around benefits such as Social Security and employer pensions, taking an active role in one’s retirement planning is increasingly vital, especially for those approaching, or at, retirement age.
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