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Of the total $385.4 billion in annuity sales in 2023, only about 13 percent came from variable annuities, marking its worst sales year ever recorded by LIMRA. Benefits of variable annuities
A variable annuity is a contract between you and an insurance company in which the insurer agrees to make periodic payments, beginning either immediately or at some future date.
Selling variable annuities demands a comprehensive understanding of the product. And depending on the type of annuity, you may need to get a state insurance license, in addition to a Series 6 or ...
Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired majority control of The ...
Chart of a life insurance. Variable or indexed life insurance is a form of life insurance that has cash value linked to the performance of one or more investment accounts within the policy. Because of its investment features, insurance carriers in the United States typically register offerings of variable life insurance with federal and state ...
The Equitable Life Assurance Society (Equitable Life), founded in 1762, is a life insurance company in the United Kingdom. The world's oldest mutual insurer, it pioneered age-based premiums based on mortality rate, laying "the framework for scientific insurance practice and development" [1] and "the basis of modern life assurance upon which all life assurance schemes were subsequently based". [2]
Fees: The fees associated with a variable annuity are higher than most annuities — and even other financial products — due to the underlying investments and more intricate contracts. You might ...
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related to: axa equitable annuities variable annuity forms