Hot product for New Year

Without question one of our hottest products for the new year is . . . . . Single Premium Life!

If you sell annuities, here are the TOP 10 reasons to incorporate SPL in your portfolio:

1. Double digit commissions - MGA commissions to 16% (remember the good ol' days with high annuity commissions!)
2. LTC riders - allows your client to access the Death Benefit for LTC - much better than the LTC liquidation feature of an annuity.
3. Large Death Benefit-- again far surpasses an annuity!
4. Death Benefit tax-free
5. Surrender charges only last 5 years -- with a double digit commission!
6. Most people with die with their annuity intact, a SPL makes more sense.
7. Tax free loans available, if money is needed
8. Likely the best place for part of your client's money (never put it all in one place)
9. Simply a better product for money your client will never spend or will only possibly need for LTC.
10. Great for client, Great for the agent!

Top selling annuity agents are definitely incorporating SPL with their annuities. Their clients are better off and so are the agents. If your client plans to simply "pass on" the money to their spouse or kids, give SPL a try.