The annuity update — May 2013

By Steve Savant

Insurance product innovation usually moves slowly down the stagnant pond like drift wood floating, but going nowhere. But recently, indexed annuity innovation has picked up like the beginning of a Colorado rapid. This update episode has the most intriguing indexed annuity product offering over the last decade and may, for the firs time, attract FINRA-registered reps on the basis of its reinvestment strategy. Eric lays out the basics of this new and exciting indexed annuity product that may very well be the vanguard of products to come.