Life Insurance

College Funding with Life Insurance – Part Two

Presented by Brian Leising How do you determine how much life insurance your client needs? Do you use a fact finder?  Does it include college expenses?  Would you even know where to begin calculating future college expenses?  Very often, we do a great job asking clients about fixed expenses such as their mortgage, funeral costs and credit cards, plus ongoing income needs.  What about the future cost of college for their children? Through Financial Brokerage, you have access to paper and electronic analysis tools to help your clients determine the current and future costs of college at public and private universities throughout the country.  Completing this part of a needs analysis should add $200,000 to each life insurance sale you make…per child.
Annuity

American Equity – Important Information

AEL Field_Header_Memo
American Equity is excited to announce the addition of a Wellbeing Benefit Rider to our industry-leading Lifetime Income Benefit Rider. All of the options below are available for issue ages 50+ and offer an enhanced LIB payment for up to 5 years if eligibility requirements are met.
Two New IAV Rate Options Both Offering the Wellbeing Benefit Rider:
6.5% IAV Rate
  • 0.85% fee deducted annually from Contract Value
  • 10 year IAV Period (20 Year Max if reset is selected)
  • Two Year Enhanced LIB Waiting Period
7.0% IAV Rate
  • 1.0% fee deducted annually from Contract Value
  • 5 year IAV Period (10 Year Max if reset is selected)
  • Two Year Enhanced LIB Waiting Period
The new IAV rate options are available on the Foundation Gold, Benefit Gold and Traditions Gold. They are NOT available on the Bonus Gold, which is being discontinued in PA effective July 1, 2015.
Effective immediately, an updated LIBR disclosure (Form #1154-D dated 5.28.15) is required.
New IAV Rate Option Available for the Choice Series Only:
7.0% IAV Rate
  • 1.0% fee deducted annually from Contract Value
  • 7 year IAV Period (14 Year Max if reset is selected)
  • Two Year Enhanced LIB Waiting Period
Effective immediately, an updated LIBR disclosure (Form #1156-D dated 5.28.15) is required.