IMOs, MGAs and GAs, Large and Small Agencies & Brokers / Annuity Products

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IMOs, MGAs and GAs, Large and Small Agencies & Brokers / Annuity Products

April 23, 2008 by brokersalliance

Brokers Alliance has two new annuities that are unique and are for IMOs, MGAs and GAs to add to their existing annuity portfolio for diversification. Brokers Alliance is one of only several companies awarded an exclusive national contract with this Life Insurance company. By signing with us, we are able to offer your organization top-level contracts with exclusive annuities. Great products and higher incentives for your sales force mean more sales. For example:

9% commission for your agents and a healthy over-ride for your company.

1. Guaranteed Lifetime Income Benefit Annuity Features - Activate at any time after age 59½ (and after the first contract year. Provides a guaranteed 5% annual interest you can systematically withdraw for as long as you live, even if the Contract Value falls to zero. Contract Value continues to receive positive indexed interest gains even after electing to begin the Guaranteed Lifetime Income Benefit. Guaranteed Lifetime - Includes a 15% bonus applied to the initial premium received. Income Account Value - Guaranteed to be at least 115% of the premium, less prior withdrawals, accumulated at 5% interest on the date the benefit is exercised. Opportunity to receive annual indexed interest gains based on change in the S&P 500 Index®. 100% Participation with no annual caps and no annual fees, all guaranteed for 5 years. This means the GLIAV will equal more than 187% of Premium in 10 years as a Worse Case Scenario.

2. Money Back Guarantee Annuity Features – Complete Return of Premium starting day ONE. Beat the rap on Surrender Charges by showing your clients how they are protected similar to an IRA. 5% Premium Bonus Contract Valued receives premium bonus on all deposits in first 4 Years of contract without rolling surrender. Strategy Term Extension Rider Clients can elect rider during annual reset allowing them to Lock In fees and caps for 5 Yrs Guaranteed Lifetime Income. Guaranteed Lifetime Income Benefit with options for adding Spousal Continuation and/or 2% Cost of Living Increases each year.