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Wednesday, Sept. 9 at 11 a.m. ET
INSURANCE INFORMATION INSTITUTE
New York Press Office: (212) 346-5500; media@iii.org
Washington Press Office: (202) 833-1580
NEW YORK, Sept. 2, 2009—With Americans living longer, and fewer employers offering pension plans, annuities—a life insurance product that pays its owner income benefits for a specific period of time, or their lifetime—have become increasingly popular.