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Is Equitable Life the only insurer to lose policyholders money?

April 26, 2017equitable insurer life lose money policyholders

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Is Equitable Life the only insurer to lose policyholders money?

1 Answer

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10 Posted

No. It is not even the worst offender. Endowment policyholders at Britannia Life, Colonial, Provident Mutual, Sun Alliance or Winterthur will all have less to show for their money. The difference is that they were never guaranteed a minimum payment.