Insurance

A contract that involves the insured paying a premium to an insurance company in exchange for protection against the risk of a large loss.

Financial Advisor Views on Annuities Appear Tightly Related to Business Models

A recent study from Cerulli Associates indicates that registered investment advisors (RIA) are more than hesitant to recommend annuities to their clients.

The report surveys and compares the views of various forms of financial advisors. Not surprisingly, financial advisors’ product views are tightly related to the financial incentives that support their business models. Consider, for example, the following:

Only 7% of insurance company representatives would be reluctant to

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Registered Investment Advisor

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Consider a Longevity Annuity to Avoid Worrying About Outliving Your Income in Retirement

A very good, balanced article about the longevity annuity --well worth the read. Consider that the annuity payout for a $50,000 longevity annuity purchased from MetLife by a 60 year old male is $56,106 per year. The payouts begin at age 85 and last for the lifetime of the contract holder . Tax considerations, estate planning and financial planning are discussed in the context of longevity annuities. Source: U.S. News and World Report Full Story

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Advanced Life Deferred Annuity

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Advanced Life Deferred Annuity

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Retirement

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MetLife

Riversource Life Insurance Company

Submitted by Anonymous on Sun, 04/26/2009 - 21:08

Any comment on Riversource Life Insur CO? Their AMBest Rating is generally positive but no FDIC insurance makes me nervous

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Any comment on Riversource Life Insur CO? Their AMBest Rating is generally positive but no FDIC insurance makes me nervous

Are you asking from the perspective of a current or prospective policyholder?

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Moody's

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Consider Annuities to "Build a Pension and Salvage Your Nest Egg"

An in depth and very worthwhile article in the Wall Street Journal discusses annuities in the context of the financial crisis. Surging demand for annuities--particularly fixed--is a natural reaction to the volatility and pain experienced over the past couple of years. That said, would-be buyers need to inform themselves and consider the pros and cons associated with the entire landscape of options. Topics addressed in the article include: 1) The notion of creating a personal pension 2) Annuity...

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Advanced Life Deferred Annuity

Volatility