For a start, insurers have been selling principal - protected variable annuity products, which are forced to reduce market exposure when volatility rises. (frank-k-martin.com)
Manulife IncomePlus is a Guaranteed Minimum Withdrawal Benefit (GMWB) type of variable annuity product aimed at people who are about to retire or in their early retirement years. (canadiancapitalist.com)
«I can't think of any example from the past where a company has suspended a variable annuity or feature,» says Joan Boros, a Washington attorney who has long worked with variable annuity products. (insurancenewsnet.com)