The nascent secondary market for annuities and their guaranteed benefits could be stunted as the result of a vote last week by state insurance regulators to allow carriers to terminate the annuity ...
For over a decade, insureds with significant estates and their advisors have made secondary guarantee universal life (SGUL) life insurance policies, or so-called "no lapse" guarantee policies, a ...
The American Economic Review, Vol. 98, No. 2, Papers and Proceedings of the One Hundred Twentieth Annual Meeting of the American Economic Association (May, 2008), pp. 151-156 (6 pages) ...
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