A True 1-year walkaway!
Beneficial Life’s
Advantage 1 is a 7-year contract with a 30-day window each anniversary. This
has been a top seller for a few reasons:
1. Great rate - currently 5.02%
2. Liquidity – 100% free withdrawal once a year
3. Renewal compensation - .25% each anniversary
4. Monthly rate tied to LIBORMany clients feel rates are too low to
lock-in for a long period. With the Advantage 1 rates move monthly with the
market. Check state availability.
CARRIER NEWS Allianz Life Insurance Co. of North America (Az
Life)—the largest writer of equity-indexed annuities (EIAs), with more then
one-quarter of the market—was sued by Minnesota’s attorney general on Jan.
9, 2007. The complaint alleges unsuitable sales of deferred annuities to
seniors in violation of state laws. For more information
Click Here
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S&P News Feb 07
FSD WELCOMES WEST COAST LIFE We have added West Coast Life (A+Best,
AA S&P) to our primary carriers. West Coast does an excellent job in the
SPIA area, especially in rated or underwritten SPIA’s.
LIFE INSURANCE COMMISSIONS AND BONUSES FSD is primarily an annuity
shop. We do, however, have many top-level life contracts. If you sell Life
Insurance check with us at FSD for a quote on commissions and bonuses – we
should be very tough to beat. Ask for a commission quote on your next case!!