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Posts tagged with "annuity"

Individual annuity guidelines update for non-U.S. citizens

Individual annuity guidelines update for non-U.S. citizens

Jul. 13 |             Individual annuity guidelines update for non-U.S. citizens     We’ve recently updated the policy for issuing annuities to non-U.S. citizens. Download the bulletin for...

American National Annuity Rates – June 2018

American National Annuity Rates – June 2018

Jun. 12 | Annuity Rates – June 2018 Download the rate sheet. View the rate lock procedures.

California Governor Signs Annuity Cash Surrender Bill. Insurers are supposed to pay the money owed within 45 days

California Governor Signs Annuity Cash Surrender Bill. Insurers are supposed to pay the money owed within 45 days

Sep. 28 | California Gov. Jerry Brown, D, has signed A.B. 1398, a bill that will set new procedural rules for individual annuity cash surrenders that take place in California. The law created by the bill, which was introduced by Assemblymember Ash Kalra,...

What You Need to Know About Annuity Classes

What You Need to Know About Annuity Classes

Jun. 13 | Classifying things into types is always a tricky business. Consider a red Chevrolet Corvette. What is it? Well, that depends upon the type or types of classifications we’re using. It’s a motor vehicle. But what kind of motor vehicle? Well,...

Top annuity players’ 2016 revenue falls 4.1% – NAIC direct premium rankings!

Top annuity players’ 2016 revenue falls 4.1% – NAIC direct premium rankings!

Mar. 8 |   The top 25 U.S. life and fraternal insurers have reported just $253 billion in direct annuity premium revenue in statutory filings for 2016. The top 25 issuers’ total annuity premium revenue appears to be 4.1 percent lower than it was...

Voya – New Client Sales Tool!

Voya – New Client Sales Tool!

Feb. 9 | View as web page | Forward Build wealth plus income with caps up to 7.25% and a 2% annual bonus on the income value benefit base. Give clients roll-up potential of 9.25%* *Rates as of 01/23/2017 and are subject to change...

State crackdown on annuities sharpens suitability issues for advisors

State crackdown on annuities sharpens suitability issues for advisors

Jan. 19 | Annuities remain among the most popular retirement income planning tools on the market today. Predictably, however, annuities (particularly indexed annuities) have also become more complicated and varied as they have surged in popularity. Newly issued...

Indexed annuities on pace to exceed $60 billion this year!

Indexed annuities on pace to exceed $60 billion this year!

Nov. 22 |     Variable annuity sales fall in advance of DOL rule Indexed annuities on pace to exceed $60 billion this year Sales of fixed indexed annuities could exceed $60 billion this year, according to data from the LIMRA Secure Retirement Institute. The...

Indexed annuity commission averages 4.6 percent

Indexed annuity commission averages 4.6 percent

Oct. 10 | The average street-level commission for indexed annuities was 4.6 percent as of the second quarter, according to Wink Inc.‘s sales and marketing report. This is the lowest commission level in a decade. Average commissions were 8.1 percent during...

Top 10 annuity providers: Q2 2016

Top 10 annuity providers: Q2 2016

Aug. 18 |   During a record-breaking quarter for fixed indexed annuity sales, the top annuity carriers remained fairly stable when compared with the first quarter of this year, according to individual annuities sales data collected by LIMRA’s Secure Retirement...