November 12, 2020
Why do people buy Annuities?
The majority of people who are buying Annuities these days are doing so for 1 of these 3 reasons:
- Principal Protection
- Guaranteed Income
- Legacy Planning
Just like the Oldsmobile commercials, these are not your father’s Annuities.
Annuities these days do a much better job at growing, protecting, paying out, and transferring client’s assets…than ever before.
The Annuity industry has been very responsive to client demands over the past 6-7 years!
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Clients wanted income for life without having to annuitize…so carriers created income riders (living benefits).
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Clients wanted more growth opportunities…and now Annuities have uncapped index strategies.
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Clients wanted a better risk/return profile…now we have smart-beta index choices with excellent upside potential.
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Clients wanted to pass on assets without underwriting…and now we have enhanced death benefits that clients don’t need to qualify for.
If you haven’t looked at Annuities recently, as a solution for your client’s protection, income & planning needs, you may be missing out!
Call me to discuss an Annuity solution for your clients.
Jason E. Lang,
Annuity Specialist
781.449.6800 ext. 237
