September 2017 Annuity Update Show
Sep 14, 2017
In the September Annuity Update Show we’re covering how you can breathe life into stale annuity contracts, an alternative opportunity that can diversify your clients’ portfolio, and a new top-of-the-line product from one of our favorite carriers. So let’s jump in!
In the spirit of Life Insurance Awareness Month, we’re kicking off the update with some life insurance! By repositioning a portion of an annuity into a new life insurance product, you can exponentially increase the value of the annuity, provide living benefits, and add tens of thousands to your bottom line. This withdrawal technique is a no-brainer, and doesn’t require you to reach out to new clients.
Next, our alternative opportunity is making a big splash and here’s what you need to know. This is a fixed rate product paying monthly interest rates from 7.5 - 9% with durations from 9 months to 2 years. These are the highest yields and shortest durations you'll find anywhere! We guarantee your phones will ring off the hook!
Lastly, we’re finding that traditional fixed annuities are back in a BIG way due to rising interest rates. We have a new product that performs flawlessly in this climate. This product offers nearly 3% average historical renewal rates, up to a 4.1% first year rate, a 2% guaranteed minimum, and an optional liquidity feature after 6 years.
For a further breakdown of the products and opportunities mentioned above, watch the full show here and give Brokers Alliance a call at 480.296.0169.