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Wednesday, November 29, 2006

Over 100 i-Gifts sold each week

The i-Gift sells very well. The results are much better than expected. Over 100 policies are sold each week.

i-Gift is a product that offers a guaranteed income for a fixed term. It is actually an annuity certain.

The average investment is about $50,000. 80% of the investors choose 5 year term, while the other 20% choose 10 and 15 year term.

i-Gift

It is popular as it offers a guaranteed return of more than 3%.

The current tranche will be withdrawn soon. The next tranche will offer a lower return, as interest rates have declined recently.

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