Tuesday Tips – April 5th, 2016
American Equity MYGA Rate Adjustment
American Equity has announced that they will be reducing rates on their MYGA product line by .15bps effective April 13, 2016. Applications must be at the home office by April 12, 2016 to receive the current rates. Call today for additional details.
Athene Raises Rates
Athene has increased rates effective April 1, 2016 on their Performance Elite FIA series. Caps have increased and spreads have been decreased. Call today for an updated rate guide.
Seminars and Educational Workshops are a popular marketing activity for advisors. Success with event marketing often comes from making sure that everything is implemented correctly. Making sure all of the little details are checked off the list can lead to big results. In this weeks Marketing Corner we discuss 6 tips to running a successful workshop. The article can be found by clicking the following link. Click Here.
Metlife SIFI Designation
After a lengthy battle with the government a federal judge recently struck down Metlife’s SIFI designation. If the ruling stands Metlife won’t be subject to the governments tougher scrutiny.
NACOLAH Guarantee Builder IUL
Current assumption UL’s that use an index chassis have grown in popularity in recent years. One of the shortfalls though, is that the death benefit guarantee doesn’t run all of the way out and the caps oftentimes aren’t as competitive as traditional IUL products. The guarantee builder on the other hand is very competitively priced, offers a full death benefit guarantee, and offers caps as high as 13.5%. In addition to this it also offers a free chronic illness rider. Call today for state availability and additional information.