The products are popular for protecting assets when individuals are expected to face lengthy stays in healthcare facilities such as nursing homes.
Estimated reading time: 0 minutes, 16 seconds
Investors are expected to pump $10 billion into single-premium immediate annuities this year, which would be a record high for the products. So reports Financial Advisor.
The products are popular for protecting assets when individuals are expected to face lengthy stays in healthcare facilities such as nursing homes.