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Author: Rayvt Big gold star, 5000 posts Top Favorite Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75381  
Subject: Re: Hi gang... wow!!! Date: 9/18/2013 11:46 AM
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Executive Life annuity policy owners had their annuity payments decreased recently:
......
Yep... let's call that "death by lightening strike." It's bad.


Actually, I think the risk of an ins co going belly-up, as AJ brings up, is probably overstated. It's *probably* a very low probability event.

But there's another risk that I think is much more likely, which AJ hasn't mentioned and which Dave seems to wave away. It's right there out in plain sight explicitly stated in every IUL I've seen.

"Cap is subject to change at our sole discretion. Changes to the cap are not tied to the performance of the underlying index and may be based on interest rates, market volatility, and other factors."
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