Many insurance carriers report that annuity sales are running at a fast pace for 2019, even faster than last year at this time. We’re here to help you get more sales.
Very recently, Oxford Life announced a significant increase in their index rate caps. The Royal Select FIA is worth your review. Oxford is rated A- Excellent, has $1.96 billion in assets, a 99% investment grade portfolio and is part of the gigantic U-Haul Company. If you have not looked at Oxford’s annuity line of products recently, give us a call today for sales/marketing materials.
Moving to the importance of fixed rates, EquiTrust Life’s ChoiceFour annuity is one of today’s most popular fixed rate annuities. In times of uncertainty, your clients can receive a first-year rate of 4.54%, base renewal rate of 3.00%, lifetime minimum interest rate of 2.00%, and free nursing home waiver. Commission is % through age 80, issued to 85.
Before a sales interview, producers often peruse our spreadsheet to find a mix of products that may suit the need. Click here for a state-specific spreadsheet to help.
Let our 60+ years of experience go to work for you. Give us a call today!
Ronald J. Lane