Historically, when a variable annuity was sold, the practice was to send the contract directly to the Rep who then delivered it to the owner. In this environment of touchless delivery and digital meetings, ESI has decided to update this policy so that annuity contracts are sent directly to the owner from the product vendor – either through e-delivery or direct mail / carrier.
ESI has requested that this change apply to all approved variable and fixed indexed annuities. This change is effective on October 1, 2020.
If you have any questions, please contact ESI Operations at 800-344-7437.
TC117075(0920)1