Annuities and interest rates

Beneficial Life’s Advantage 1
Annuity Agent Journal NewsArchive
A monthly guide for insurance agents reviewing fixed annuity product quality and performance.

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Annuity Review
A variety of sales ideas, product discussions/comparisons and miscellaneous thoughts.

(Click for PDF Format)    -      February 2007

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 LIBOR

Many 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 -    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!!


Immediate Annuities - (SPIA $100,000 Deposit)

GUARANTEED INCOME FOR LIFE - "MONEYBACK" PRINCIPAL PROTECTION

Male age 65
$665.92 Monthly For Life W/ Refund GUARANTEED
7.99% P&I Annual Return

Male age 70
$724.27 Monthly For Life W/ Refund GUARANTEED
8.69% P&I Annual Return

Male age 75
$804.15 Monthly For Life W/ Refund GUARANTEED
9.65% P&I Annual Return

Female age 65
$628.09 Monthly For Life W/ Refund GUARANTEED
7.54% P&I Annual Return

Female age 70
$677.00 Monthly For Life W/ Refund GUARANTEED
8.12% P&I Annual Return

Female age 75
$753.45 Monthly For Life W/ Refund GUARANTEED
9.04% P&I Annual Return


Super SIMPLE Index

Jefferson Pilot has a very easy to explain Fixed Indexed Annuity.

Two Indexed Options:

1. If the S&P is NOT DOWN the client gets 6.80%. Annually Reset.

2. 100% of the S&P over two years with a 18.00% Cap. Resets and locks-in every two years

8 Year Surrender Period - A++ Carrier!

THAT'S IT! NO OTHER MOVING PARTS!
 

4.50% Commission (0-75)

Call Now For A Kit!


5 YEAR INDEX ANNUITY
An easy to understand annual reset with

NO SPREAD - NO AVERAGING
55% of the S&P 500

NO CAP / Annual Reset

4.50% Commission (0-80)

5 Year Walk Away
100% @ 2.00% Minimum Guarantee
Surrender: 9%, 8%, 7%, 6%, 5%, 0%
 

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