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Insurers Adjust VA Living Benefits for Competitive Advantage, Protection

Steven D. McDonnell

Based on new filings we’re seeing, the variable annuity living benefit “arms race” has not subsided but rather continues in 2007 with richer guarantees coming out, however we must add that at the same time, insurers are building in provisions that will allow them to apply future limits to their features, and thus protect themselves from potential risks...

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