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PHILADELPHIA ANNUITY
Articles
U.S. Life Insurers Face Increasing Risk from Variable Annuities
Fitch Ratings sees equity market performance 2008 as having a dramatic impact on U.S. life insurers active in the variable annuity market. Persistent adverse market conditions will pressure life insurer's earnings and risk-based capital levels for the balance of 2008 and into 2009. The industry ability to manage this growing risk exposure represents one of the most significant risk management challenges confronting U.S. life insurers. U.S. Life Insurers Face Increasing Risk from Variable Annuities Source: Business Wire
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People Profiting From The Economic Turmoil
As you probably guessed we read a lot of information. Some of the information we receive comes via email from other, well, unorthodox sources. We like to know what sales people are doing all of the time, especially in these times of panic. So, we have seen a tremendous rise in equity index annuity material hit the market place. They are saying; “See, we told you these are good and safe investments.” Well, yes you may have not lost any money on the way down, but you don’t make any money on the way up either, so what’s your point?
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Using a VUL Policy in Lieu of a Roth IRA or 529 Plan
How does a variable universal life (VUL) insurance policy stack up as an alternative to a Roth IRA (for retirement planning) or a Section 529 plan (for college tuition planning)? Using a VUL policy in lieu of a Roth IRA or a Section 529 plan will probably not make sense if funding for retirement or college is the only objective. However, a VUL policy may make great sense where funding for retirement, college, or both, is desirable and there is also a need for life insurance. This article will explore the advantages and disadvantages of a VUL policy compared to
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They Just Don’t Get It…
Nope, they have not and they will not understand the benefits of variable annuities . This market which has devastated retirement savings has had nothing that has gone up. Even gold has now declined in value, bonds are a no go, especially corporate bonds and stocks have been horrible. However, a variable annuity with a living benefit has done something that no other investment has done, guaranteed retirement income without annuitization. All the financial writers in the world tell you to buy index funds and to stay away from those bad variable annuities . If you listened to them you
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