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Subject:  Re: Variable Annuities beware of broken promises Date:  6/28/2013  12:52 PM
Author:  BruceCM Number:  72524 of 88498

It might help to clarify this, if one just uses the Insurance Industry's unabridged dictionary. In this, the word 'guaranteed' is defined as "the intent to pay if funds are available after paying all sales commissions and generous executive salaries and bonuses".

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