October 21, 2008
To Whom It May Concern. This past July 08, I completed my 49th year as an Insurance Agent Representative. I have never had a complaint filed against me. As a member of the Knoxville BBB, I have never had a call of complaint since becoming a member 12 years ago. Most all of my business is annuities, predominantly indexed annuities, and the majority of my clients are senior citizens. The reason for this good record has to do with selling the right product to the right people make sure they understand what they are investing in and that it fits their needs. Everyone of my clients can go to sleep at night knowing their money is safe and there will be no losses In view of the volitale securities market, even suggesting to my clients that their premium dollars would now be funded through a broker/dealer,investment advisor, etc., would be difficult for most of them understand and accept. Many of my clients have been with me for years, they depend on me for advice, which is a tremendous responsibility to bear. I ask you to not proceed with this move. There must be a better way to achieve your intentions than through S7-14-08 Sincerely, Ernie Conner