Tuesday Tips – March 8th, 2016
Great American Reducing Rider Rollup
Great American will be lowering rollup credits for their income rider options effective March 21st. The IncomeSecure, Inheritance Enhancer, Income Sustainer Plus, and Simple Income Option will all be impacted. Call today for updated rates.
LSW Increasing Rates
LSW has implemented a rate increase effective March 7th. Caps have increased on the following products: SecurePlus Marquee 10, SecurePlus Marquee 8, SecurePlus Preferred 8, and SecurePlus Preferred 6 FIA’s. Call today for state availability and an updated rate sheet.
Building connections through social media is a critical marketing activity that can grow your audience. For many advisors the goal is to build their connections to uncover selling opportunities as well as to create an audience to syndicate content to. One simple but incredibly effective way to create engagement with a new connection is a thank you message to the new connection. Although it seems simple sending a thank you message every time you connect with someone new will result in the all important question, What is it that you do? We also have available for download our expanded Linkedin Marketing Guide with multiple tips on how to generate prospects on social media.
Fidelity Suspends Metlife Sales
In the wake of the the announced sale of Metlife’s retail advisor network to Mass Mutual fidelity has announced that it will be temporarily suspending sales of Metlife’s annuities.
Forethought Choice Income
Forethought has introduced a new 9 year FIA designed for accumulation and income. The product writes ages 50-85 and boasts both uncapped and capped strategies. In addition to this it offers 2 different income rider options; one that rolls up at 10% simple interest and a second that rolls up at 7.5% simple interest that allows for stacking credits based on the performance of the policy. Call for additional details and state availability.