Tuesday Tips – June 24th, 2015

Alerts

Equitrust Rate and Commision Increase

Effectively immediately Equitrust has increased rates on several products. In addition they are offering 1% increase in compensation for their market value FIA. Call today for details and state availability.

VOYA Comp Increase

Over the last few weeks VOYA has been increasing rates on their portfolio of indexed annuities. They’ve now taken it a step further and increased compensation on several of those products by up to .70bps. Call today for details.

Sales Opportunity

Sales Strategies

North American has just launched a new marketing microsite that has a host of information on sales concepts and prospecting. In addition to this it has a number of marketing pieces available for use with the sales concepts. It’s definitely worth spending some time on. I’ve included a link to the site. http://nalife.northamericancompany.com/NA-MarketingMaterials

Industry News

LSW Suspends Section 79 Sales

Effective as of today LSW is suspending all sales for section 79 plans. Over the last few months there have been several carriers that have dropped sales of these plans from their business model. One reason for this is that the IRS is currently auditing a number of these plans and there is quite a bit of uncertainty around what the IRS’s view will be on the use of cash building life insurance inside of a section 79 plan.

Hot Rates

Legacy AdvanceMark

The AdvanceMark by Legacy offers a 7% premium bonus on a 10 year chassis. The product also offers competitive caps and a compound roll up at 6.5%. It also writes to age 85 and has a competitive street level comp of 7.5%. Call today for details.

2015 Annuity Marketing Kit

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About the author

Legacy Financial Partners - Legacy Financial Partners is an independent and full service Life Insurance and Annuity FMO that provides specific marketing solutions to help their clients succeed. Using dynamic tactics, an extensive support network and progressive marketing options, Legacy Financial Partners provides unique and specific development strategies to their business partners.

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