Annuity Companies Are Not Smarter Than Banks: Shootin' It Straight With Stan (TAM Classic)
Échec de l'ajout au panier.
Échec de l'ajout à la liste d'envies.
Échec de la suppression de la liste d’envies.
Échec du suivi du balado
Ne plus suivre le balado a échoué
Annuity Companies Are Not Smarter Than Banks: Shootin' It Straight With Stan (TAM Classic)
-
Narrateur(s):
-
Auteur(s):
À propos de cet audio
In this episode, The Annuity Man discussed:
-
Annuity companies are more regulated than banks
-
Features that protect the annuity industry
-
There is no run on annuities
-
How the banking crisis will affect the annuity industry
Key Takeaways:
-
Annuity companies are more regulated than banks, with features like surrender charges and market value adjustments that prevent runs on the company.
-
Annuity companies are required to invest in investment-grade bonds, providing stability, unlike banks that had to sell bonds during the recent crisis.
-
Lifetime income products offered by annuity companies, such as SPIAs and DIAs, are irrevocable and provide a guaranteed income stream for life, preventing panicked withdrawals.
-
The National Association of Insurance Commissioners (NAIC) plays a crucial role in overseeing annuity companies and protecting consumers, and the recent banking crisis will likely lead to increased oversight of the annuity industry.
"The bottom line: the annuity industry has put in place features to not only protect you, the consumer, which is their ultimate goal, period, but to protect the industry as well." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!