Feb 29, 2012 #1 T timcomp Expert 36 Could someone please explain why Genworth recently decided to stop offering the Life Only option on its Single Premium Deferred Annuities (SPIA)? Thank you.
Could someone please explain why Genworth recently decided to stop offering the Life Only option on its Single Premium Deferred Annuities (SPIA)? Thank you.
Feb 29, 2012 #2 nathan.lee Super Genius 100+ Post Club 227 Atlanta, GA According to Genworth it was due to very small percentages of clients electing that option and increasing suitability concerns.
According to Genworth it was due to very small percentages of clients electing that option and increasing suitability concerns.
Feb 29, 2012 Staff #3 STIBROKER Like My post and enter the DRAWING,,,, Moderator 11,949 Texas Genworth Discontinues Life Only SPIAs Madison Brokerage Corp.
