Re-insurance isn't something made up. They are companies that provide insurance to insurance companies.
One comment I saw in your email has me wondering -
You probably need to talk to several qualified advisers to get an idea of what you have and/or need to do. Others here may be able to tell you how to find them. Unfortunately a lot of financial people are sales people first and don't have a client/customer's interest first.
Good luck.
As to what you actually own I'll leave that to others. Generally people here aren't fond of variable annuities.Consistent with the agreement announced on Sept. 15, 2021, Fortitude Re has acquired one of Prudential's subsidiaries, Prudential Annuities Life Assurance Corporation (“PALAC”) (to be renamed Fortitude Life Insurance & Annuity Company).
One comment I saw in your email has me wondering -
I may be misinterpreting what you mean by that but too often people, of all ages, put too much faith in personalities and friendships when it comes to business and often hire and keep way too long, financial advisers who aren't good, nor are in their best interests.we all agree that it is just as much about the agent as it is the agency.
You probably need to talk to several qualified advisers to get an idea of what you have and/or need to do. Others here may be able to tell you how to find them. Unfortunately a lot of financial people are sales people first and don't have a client/customer's interest first.
Good luck.
Statistics: Posted by rich126 — Sun Feb 25, 2024 7:01 pm