Submitted by Anonymous on Wed, 08/19/2009 - 11:20 What are the negative aspects of stand alone living benefits? Glossary: AnnuityLiving Benefits Log in to post comments Key Phrases: Glossary: AnnuityLiving Benefits tom replied on Wed, 08/19/2009 - 12:27 Permalink Negatives of SALBs This article discusses some of the issues and downsides: http://www.annuitydigest.com/blog/tom/standalone-living-benefits-provide... High-level list of some of the potential negatives include: 1) Cost (they are certainly higher than they were a year ago) 2) Credit risk 3) Any restriction on asset / equity allocation 4) Account minimums 5) Restrictions on account types (e.g. managed accounts) and subsequently limited access Log in to post comments
tom replied on Wed, 08/19/2009 - 12:27 Permalink Negatives of SALBs This article discusses some of the issues and downsides: http://www.annuitydigest.com/blog/tom/standalone-living-benefits-provide... High-level list of some of the potential negatives include: 1) Cost (they are certainly higher than they were a year ago) 2) Credit risk 3) Any restriction on asset / equity allocation 4) Account minimums 5) Restrictions on account types (e.g. managed accounts) and subsequently limited access Log in to post comments
tom replied on Permalink
Negatives of SALBs
This article discusses some of the issues and downsides:
http://www.annuitydigest.com/blog/tom/standalone-living-benefits-provide...
High-level list of some of the potential negatives include:
1) Cost (they are certainly higher than they were a year ago)
2) Credit risk
3) Any restriction on asset / equity allocation
4) Account minimums
5) Restrictions on account types (e.g. managed accounts) and subsequently limited access