VA clients holding on to their VAs instead of surrendering them
VA clients are less likely to surrender their variable annuities, as living benefits retain high value
In the years following the 2008 recession, more customers have been clinging to their variable annuities instead of surrendering them.
In 2010 and 2011, 10% to 15% of variable annuities were surrendered to the insurance companies that sold them, meaning clients withdrew from their VAs during the s
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