The RACE for the best Guaranteed Lifetime Withdrawal Benefit (GLWB) rider FIA is on!
Sign up for More Info!
Because only TWO IMOs (Insurance Marketing Organizations) have access to this new product, if you want to learn more (or get contracted), click on the link below:
https://advisorshare.com/new-top-income-fia
Exclusive Distribution Product
If you didn’t know, I co-founded an “advisor-owned” IMO six years ago. I did so because I thought advisors deserved better product recommendations (too many IMOs focus on override commissions, not what’s best for advisors). Our calling card at AdvisorShare (www.advisorshare.com) is putting the client first regardless of commissions.
Because of our IMO’s reputation, we have been chosen to help launch this NEW income rider FIA. It’s a product built for the B/D space and as such has lower override commissions for IMOs. The bi-product of lower override commission is a BETTER PRODUCT for the consumer.
What IMOs will have access to this NEW product?
Of the 400+ IMOs in this industry, ONLY TWO will initially have access. One is an IMO focused on the B/D space and the other is our “advisor-owned” IMO AdvisorShare.
If you are working with one of the bigger IMOs, you CAN’T GET ACCESS to this new FIA.
Specs on this new FIA
-A minus rated carrier (with 100% renewal cap integrity going back 9 years)
–8.5% compounded roll-up on the benefit base for up to 10 years
–Generous payment bands:
7% at age 65 for single life and 6.5% for joint life
7.5% at age 70 for single life and 7% for joint life
8% at age 75 for single life and 7.5% for joint life
The joint life payment bands are crazy good and will really help clients get to yes when deciding whether or not to use an income for life product.
–5% premium bonus (only used for the income value)
–Enhanced income doubler (if the client can’t perform 2 of their 6 ADLs). With this product the enhanced payment can continue for longer than five years so long as there is money in the actual account value. For the joint life option, the doubler kicks in if either spouse triggers it.
The following is a chart shows where this product is #1 for a single life payout.
And to remind you again, AdvisorShare is the only IMO that has initial access to this product in the independent IMO space. If you want info, now is your time to sign up!
Illustrating GIB rider products in OnPointe Retirement Planner
Finally, if you are not using in income rider products, I highly recommend you sign up for a demo to learn about our industry-best retirement planning software.
In OnPointe, this new income rider FIA can be added to a client’s retirement plan and when doing so, nearly 100% of the time you can build a plan where the client has more income in retirement and/or builds more wealth to pass to their heirs.
To sign up for a live demo of our OnPointe software, click on the following link:
https://onpointesoftware.com/retirement-planner-demo
