Annuity business generates a lot of paperwork. It’s definitely a lot to keep up with, but it’s important that you stay diligent. Even a small mistake or missing information on your documents could result in them being considered NIGO, an acronym for “not in good order.” This is an all-too-common headache for agents and advisors, who need to fulfill different submission requirements based on a variety of factors, including different products, forms, and investor types.
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