ILL-PREPARED FOR THE MYGA BOOM?
January 18, 2023 by Sheryl J. Moore
Not to start a complaint fest, but I have never heard more complaints about service with annuity home offices, than I have over the past two months.
It seems few insurers are immune.
The time required to issue an app has likely never been longer. I am typically hearing three weeks just to get a case through suitability.
It appears insurance companies were ill-prepared for the MYGA boom.