We have had more and more questions recently from consumers on the Sagicor Life Sage Advantage Indexed Annuity so it was only fitting that we do a short review on the product. First off, who is Sagicor? Per the Sagicor website: “Sagicor Life Insurance Company (“Sagicor”) is a full-service life insurance company that helps clients [...]

For Safe Return, all rate decreases are cancelled. For Safe Outlook, American Legend II and American Valor 10 indexed strategies, most caps are decreasing by 25 bps less than previously announced.     Currently, the annual cap on the Safe Return is 4.25% which is among the highest annual caps in the industry, especially on [...]

Earlier this month we reported that Great American would be lowering their caps on May 21st.  Well, we are happy to say that because of a rebound in fixed maturity rates, the Safe Return decreases that were supposed to take place will be cancelled.  The decrease on the caps for the Safe Outlook, American Legend [...]

Forethought Financial Group Inc. has announced that on May 28th it will launch the Income 125+ product in Mississippi.  So that means after May 27th Forethought will no longer accept applications for the Secure Income 125.   Highlights of the new Income 125+ include a 25% income bonus and a guaranteed 5% annual accumulation on [...]

Athene Annuity announced earlier this month that there will be a rollup rate change effective June 1, 2013.  To receive the current rate, complete application packages must be signed and dated 5/31/13 or earlier and received in good order in Athenes service center by June 7, 2013.  The rollup rate changes are as followed:   [...]

Wells Fargo has announced that they plan to make Prudentials IncomeFlex Target available to more than 3,000 defined contribution plans covering more than 3 million plan participants as a guaranteed lifetime income solution.  This product offers simplicity, protection from market downturns and lifetime withdrawals with the option to rebalance the asset mix as the investor [...]

Athene Annuity & Life Assurance Company has announced that on June 1st it will reduce the rollup rate on the Choice Series income riders and the Benefit 10 Enhanced Benefit Rider by 50 basis points.  In order to receive the current rate, applications must be dated May 31st of 2013 or earlier and Athene must receive [...]

Sentinel’s newly created Summit Bonus Index Annuity has become available on NC shelves.  This highly competitive income annuity will provide your client’s the following features:     Summit Bonus Index Annuity 10 year Annuity Industry-Leading Income Rider Competitive Caps Maximum Premium Bonus – Up to 9% Issues Ages 0-80 7% Compounding Income Roll-Up for 20 Years [...]

Sentinel Security Life will launch the Summit Bonus Index product in North Carolina on Monday May 6th.  This product will be almost identical to the product that has been taking off in Florida recently.   If you have a client where their number one goal is income in retirement, we encourage you to check out [...]

Forethought Financial Group Inc. has announced that on May 13th it will launch the Income 125+ product in Virginia.  So that means after May 10th Forethought will no longer accept applications for the Secure Income 125.   Highlights of the new Income 125+ include a 25% income bonus and a guaranteed 5% annual accumulation on [...]