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Word is by Dec a new product similar to Allianz 360. With one value, 50% int bonus , GMWB with rising income. Well we will see...it will not have uncapped index though they may be 5% cap p2p which could then yield 7.5% with bonus
Also heard they might have an extremely high trigger option...who knows though, with what's going on with their stock today's design might not reflect tomorrow's product.
But dont you read the LTCI forum on here Ray??? If you did you would know that the stock price, bond rating, board sentiment, cost to issue debt, operating revenue... none of that has any effect on the future of a particular product...
Don't let the facts blind you, Tyler.
The LTC forum is nasty! Those guys don't seem to get along...Facts are best twisted to meet personal agendas and ideologies... or at least that is the way it feels in the LTCI forum at times... ---------- What I find strange is that GW is the LTCI whale.... but their IA Riders have no LTCI enhancements on them... you would think they would be all over that market... unless they are afraid of being burned by LTC again...
The LTC forum is nasty! Those guys don't seem to get along...