Colorado Bankers (CB Life)...

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Insurance Mogul Lindberg's Suit Over Asset Receivership Tossed

A Florida federal judge shot down a lawsuit brought by disgraced billionaire Greg Lindberg against North Carolina’s Department of Insurance over the receivership of his assets.

news.bloomberglaw.com

This will be easier for others to understand but it's paywalled.

 

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So the two options for this SGA payment is surrender or exchange of the annuity. Does exchange mean rolling the payment into an existing annuity or can you also start a new annuity with the payment money?