American National has issued the following bulletins:
Upgraded EARNINGS Potential
Flexible rate banding—With accumulation value of $200,000 or more, clients are bumped from the “standard” to “upgraded” rate band.Fee options—Clients can pay an index strategy fee and receive higher caps and participation rates.
Upgraded rate band PLUS fee option?!
Even greater earnings potential!
Multiple index strategy choices including two uncapped participation rate strategies based on a proprietary index.
Upgraded INCOME Potential
Rider options—Clients can upgrade at issue from the Basic Guaranteed Lifetime Withdrawal Benefit (GLWB) Income Rider at no cost to a MyFit Income Rider and
Higher compound roll-up rate (premium accumulation rate)—6% versus 3%.
Option to elect the lifestyle payout to receive enhanced payments for an initial period.
Shorter benefit waiting period—one year versus five years!
Double payouts for qualifying declining health with the choice of the MyFit Income Rider With Booster.
More Time to Earn Your 1% Commission
Bonus on Annuity Business
The 1% commission bonus has been extended! The bonus now applies to annuity applications* received between September 15, 2017 and November 15, 2017, and issued-and-paid by December 29, 2017.
*Excludes NWL Prevail Seven and all SPIAs. Bonus is payable to the writing agent only. In the event the writing agent is contracted as a Special Producer receiving no compensation from NWL, the bonus is paid to the recruiting Agent/Agency receiving the compensation.