MYGA is the future for annuity sales

DPL added 11 more multi-year guaranteed annuities, or MYGAs, to its commission-free marketplace, which previously included a single product in that category.
This was the sixth increase in the last 10 years. In total, DPL has now added 11 new MYGAs and is now the exclusive place to buy commission-free insurance.
Drew Ellwood, DPL’s president and CEO, said that the company’s commission-free marketplace is continuing to grow, as more and more employers and plan sponsors recognize the value of buying insurance for their employees.
“Our commission-free insurance marketplace continues to grow, as more and more employers and plan sponsors recognize the value of buying insurance for their employees,” Ellwood said.