Subscribe

Prudential’s pared-down VA has some advisers grumbling

Prudential once again has pulled back on the living benefits in one of its most popular variable annuities

Prudential once again has pulled back on the living benefits in one of its most popular variable annuities.

Last week, the insurer announced the release of two living benefits riders, the Highest Daily Lifetime Income and Spousal Highest Daily Lifetime Income, to replace the Highest Daily L

Subscribe or log in to read the rest of this content.

Learn more about reprints and licensing for this article.

Recent Articles by Author

Stuck in the middle

Newly elected Finra board member whose firm is connected to a bribery scandal says the matter should have no effect on his ability to serve.

Fighting for market share in the LTC business

A handful of publicly held life insurers dominate the market for traditional long-term-care insurance, but mutual life insurers are beginning to make inroads with agents and financial advisers.

Breaking up is hard to do – especially with annuities

Prudential once again has pulled back on the living benefits in one of its most popular variable annuities.

Longevity insurance promising – but higher rates would help

Prudential once again has pulled back on the living benefits in one of its most popular variable annuities.

Long-term care: Cutting back coverage

When a 74-year-old client visited Ellen R. Siegel six years ago with news of an upcoming 12% rate increase on the premium of her long-term-care insurance, the adviser knew she had to navigate the potential benefit cuts with the precision of a surgeon.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print