Tuesday Tips – August 25th, 2015
Coming Soon DynaMARC FIA
In the near future Equitrust will be releasing a new indexed annuity. The product will include a strategic income option as well as a multi asset risk controlled index. More details to come as product gets closer to launch.
Genworth has increased the interest crediting rate on the TLC by .15 bps. In addition to this effective August 31st their IUL will have updated rates reflecting a positive repricing on substandard table ratings. Call today for details.
LIFT with Minnesota Life
Minnesota Life has suite of advisor tools for positioning cash value life insurance. The kit includes a variety of marketing materials discussing the benefits of cash value life insurance and where it can be a fit. Available for download is an overview and sales literature of the program.
So far in fiscal 2015 the federal government has collected $2,672,414,000,000.00 in tax revenues. Despite the record revenues during the same time frame the federal government spent $3,137,953,000,000.00 running a deficit of $465,539,000,000.00.
Mutual of Omaha GULE
Mutual of Omaha offers an incredibly competitive simplified issue guaranteed universal life contract. The product writes from $25k-300k depending on age. The product doesn’t require an insurance exam and allows for the flexibility of dialing the death benefit guarantee. Call for details and state availability.