California Questions Variable Annuity Guarantees

Kosnett, Jeffrey R.
April 2000
Advisor Today;Apr2000, Vol. 95 Issue 4, p34
Trade Publication
Reports that insurance regulators in California have suspended sales of an optional variable annuity feature known as the guaranteed minimum income benefit. How the benefit works; Issues concerning variable annuities; Information on a letter issued by California to some insurers and their attorneys.


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