November is Long-Term Care Insurance Awareness Month. Like other “Awareness Month” campaigns (Life Insurance in September and Annuity in June), this presents an opportunity to discuss how a certain solution—in this case, LTC coverage—can fit within your clients’ and prospects’ retirement portfolios. The conversation about long-term care can be difficult. Many people have yet to…
October 25, 2022 – Effective Date of Change Lincoln Financial Group Fixed Indexed Annuity Lincoln OptiBlen 10 10,000+ 1-Year S&P 500 5% Daily Risk Control with Spread: Spread 1.00% 1-Year S&P 500 Point-to-Point with Cap: Cap 9.50% 1-Year Fixed Account: Rate 4.10% 1-Year S&P 500 Participation: Part Rate 35% 1 Year Fidelity AIM Dividend Participation: Part Rate 150% 1 Year BlackRock…
The nearly 65 million Americans who receive Social Security retirement benefits will receive the biggest cost-of-living increase in more than 40 years. The Social Security Administration (SSA) announced last week an 8.7% COLA boost for 2023. This marks the largest COLA increase since 1981 and follows last year’s 5.9% increase. The increase will see the average monthly…
October 19, 2022 – Effective Date of Change Farmers Life Insurance Company MYGA Farmers Safeguard Plus 10 10,000+ 5.10% Farmers Safeguard Plus 3 10,000+ 4.55% Farmers Safeguard Plus 5 10,000+ 5.05% Farmers Safeguard Plus 7 10,000+ 5.05% Aspida Synergy Choice MYGA 2-Year 4.10% 3-Year 4.85% 5-Year 5.20% 7-Year 5.35%
October 15, 2022 – Effective Date of Change Integrity Life Insurance Company Fixed Indexed Annuity Integrity Indextra 5 15,000+ 1-Year Point-to-Point S&P 500: Cap 8.750% 2-Year Point-to-Point GS Momentum Builder : Part Rate 200% 1-Year Point-to-Point GS Momentum Builder : Part Rate 155% 2-Year Point-to-Point J.P. Morgan Strategic Balanced : Part Rate 190% 1-Year Point-to-Point J.P. Morgan Strategic Balanced : Part Rate…
October 4, 2022 – Effective Date of Change American National Insurance Company Fixed Annuity Century Plus 5,000+ 2.80% w/ 5.00% Bonus Century Plus 100,000+ 2.90% w/ 5.00% Bonus Palladium Group Fixed Deferred 0+ 3.10% Wealth Quest Citadel 5 Diamond 5,000+ 2.90% w/ 1.00% Bonus Wealth Quest Citadel 5 Diamond 100,000+ 3.00% w/ 1.00% Bonus Wealth Quest Citadel 7 Diamond 5,000+ 3.10% w/ 2.00% Bonus Wealth Quest Citadel 7…
When it comes to life insurance, many agents and advisors focus most of their efforts on consumers. This can be a wide-open market that consists of young families, those nearing retirement, and everyone in between. However, it would be a mistake to overlook the equally-open territory of small businesses. Many business owners may not be…
September 20, 2022 – Effective Date of Change Protective Life MYGA Balance Annuity 5 MYGA 10,000+ 1.00% w/ 2.50% Bonus Balance Annuity 5 MYGA 100,000+ 1.10% w/ 2.50% Bonus Balance Annuity 5 MYGA with ROP 10,000+ 1.00% w/ 1.00% Bonus Balance Annuity 5 MYGA with ROP 100,000+ 1.10% w/ 1.00% Bonus Secure Saver 5 10,000+ 2.70% Secure Saver 5 25,000+ 3.60% Secure Saver 5 75,000+ 3.80% Secure Saver 7 10,000+ 3.00% Secure…
In many ways, Millennials are the perfect storm of opportunity for life insurance agents and advisors. The largest generation in American history also represents more than one-third of the workforce. With the Boomer generation at or near retirement age, and Gen-Xers turning that corner, advisors would be wise to start paying more attention to Millennials.…
September 9, 2022 – Effective Date of Change American Life Fixed Indexed Annuity American Select 10 20,000+ Fixed Rate: Rate 2.80% S&P 500 Annual Point-to-Point Cap: Cap 8.50% S&P 500 Annual Point-to-Point Par: Part Rate 42% S&P 500 MARC 5 ER Annual Point-to-Point Par: Part Rate 150% Janus SG Guidance Index: Value Lock 2-Year Point-to-Point Par: Part Rate 115% GS Xenith 1-…
