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SSQ suspends guaranteed income product

Having recently overhauled its product to make it less vulnerable to difficult economic conditions, SSQ Financial Group …

LIFE INSURANCE | March 12 2013 08:43PM
2012 saw the end of the 5% guaranteed withdrawal benefit

Low long-term interest rates and financial market volatility has put an end to Empire Life’s 5% lifetime withdrawal amou…

LIFE INSURANCE , HEALTH | January 22 2013 03:16PM
Lifetime annuities fill breach left by guaranteed withdrawal benefits

As insurers cut back on the attractive features of guaranteed withdrawal benefit products, another product category is f…

LIFE INSURANCE , HEALTH | January 18 2013 10:04PM
Guaranteed withdrawal benefits: Product shelf continues to shrink

Guaranteed withdrawal benefits products are dwindling, as are their benefits. The last products standing may eventually …

LIFE INSURANCE | October 19 2012 03:35PM
Guaranteed withdrawals benefits: MGAs see major sales decline

The decrease in the supply of guaranteed withdrawal benefits products is resulting in a significant sales decline for th…

LIFE INSURANCE | October 19 2012 02:57PM
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Industrial Alliance withdraws its guaranteed withdrawal benefit product

Industrial Alliance has recently closed sales for its guaranteed withdrawal benefit product Ecoflextra. The insurer cite…

LIFE INSURANCE , HEALTH | August 17 2012 07:27PM
SSQ lowers its guaranteed lifetime withdrawal amount

Low interest rates and long-term volatility have claimed another victim. On May 18, SSQ Financial Group halted sales of …

LIFE INSURANCE | June 21 2012 03:00PM