A popular type of variable annuity -- the one with guaranteed "living benefits" -- may be the riskiest product ever sold by the insurance industry. Risky to the health of the insurance carriers, that is. The guarantees are costing them far more than the premiums they charge, and their stock price... -
Boost Your Variable Annuity
A popular type of variable annuity -- the one with guaranteed "living benefits" -- may be the riskiest product ever sold by the insurance industry. Risky to the health of the insurance carriers, that is. The guarantees are costing them far more than the premiums they charge, and their stock price...-
By Jane Bryant Quinn