The person, persons or entity covered by an insurance policy.

Doctor Brandon Colby on Predictive Medicine, the Power of Prevention and Planning for a Long Retirement

Brandon Colby, MD, is a world leader in the field of...


Global Longevity Risk Exposure

According to Swiss Re the total worldwide

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State Guarantee Funds

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Annuity Digest Buying Guide: State Guarantee Funds

All states have what are referred to as state guarantee funds.  Operated by departments of insurance, guarantee funds are insurance funds that receive contributions from carriers that operate in the state.

Indexed CDs are in Higher Demand

The Wall Street Journal reports that sales of indexed certificates of deposit ( Indexed CD ) have increased 46% during the first five months of 2009. Industry sales of indexed CDs for the 5 month period were $1.66 billion. This compares to $1.15 billion for the same period the previous year. There are several critical differences between indexed CDs or market-indexed CDs and a plain vanilla CD: Indexed CDs are linked to an index such as the S&P 500. If the index performs well, the owner...

Time to Revamp the 401k?

Writing in the Huffington Post, CBS MoneyWatch Editor in Chief Eric Schurenberg says he thinks it is time to consider major changes for 401k plans. His criticisms include: 401k plans randomly create winners and losers. 401k plans leave people poor. 401k plans expose people to longevity risk . Comments on longevity risk include: The shame of this is, longevity risk can be insured away by averaging out the risk over an entire population. Every annuity does this. Why not the national retirement...
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