On February 5, shares of Genworth Financial (NYSE:GNW) plunged by 20% as of 11 a.m. ET, after reporting the end of another low quarter the Thursday before. The company reported a net loss of $292 million. Earlier that day, Genworth announced its decision to suspend sales of all its traditional life insurance and fixed annuity products, including Total Living Coverage. …
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Agent Link recently attended the 2013 NAFA IMO Summit in Aspen, Colorado, and we had a wonderful time. Jason Kushner, the Managing Editor of our online publication, AgenteNews.com, put together a charming piece summarizing the event. For those of you who didn’t have a chance to attend, we encourage you to join us next year! Despite the mountainous trek up …
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"Nearly eight in 10 annuity owners say that annuities make them feel more secure in times of financial uncertainty."
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"It's important to remind your clients that annuities are extremely safe because they are issued by insurance companies."
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