Tuesday Tips – February 18th, 2015
American Equity Adds New Indices
American Equity has announced the addition of 3 new indexes for inforce Advantage Gold, Traditions Gold, Foundation Gold, and Benefit Gold fixed index annuities. The new indexes include an S&P performance triggered account, S&P volatility control index, and bond yield index. Call today for additional details.
Legacy Adds Death Benefit Option
Legacy has announced an additional death benefit option its Spectramark fixed index annuity. Now in addition to a lump sum a beneficiary can elect to take payments over 5 or 10 years for an increased amount. This change goes into affect February 27, 2015. Call today for additional details.
If you haven’t yet I encourage you take a look at our Marketing Corner. Each week we add useful sales presentations as well as marketing ideas. If you have topics you are interested in let us know.
Genworth has lost almost 44% of its value due to a reserve shortfall in November. It is estimated that the cost will be around $495mm.
Athene Benefit 10
This competitive fixed index annuity offers an 8% rollup rate, 50% payout increase when unable to perform 2 of 6 adl’s. In addition to this it offers competitive caps and an enhanced benefit rider that includes death, confinement, and terminal illness.