Filed Under:Annuities, Sales Strategies

5 annuity strategies with high client appeal

According to Jeffrey Singer, a National Annuity Wholesaler at First American Insurance Underwriters, Inc., advisors shouldn't limit themselves when advising clients on annuity products. Singer sees the product, along with life insurance, as one of the most flexible products available for helping clients successfully meet their financial objectives. Flexibility is the key word here and with that in mind, Singer has provided five unique strategies for advising clients and prospects on annuity products.

tax trap

1. Avoid the mutual fund tax trap. 

According to Jeffrey Singer, don't let taxes ruin investment plans. While taxes definitely cast a long shadow over nesteggs, they don't have to blot them out altogether.

guaranteed

2. Receive a guaranteed lifetime income.

Guaranteed income is the buzz of the retirement industry these days and by listening to everyone from carriers to marketing organizations to advisors, guaranteed income is the present and the future. In other words, guaranteed income is here to stay.

bonus

3. Upfront bonus. 

Idea

 4. SPIA bridge Idea. 

irrevocable

5. SPIA as irrevocable. 

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.