Income Riders - why I owe two!

Income riders on annuities simply make sense. If you don't own one, you likely should. The income rider has several distinct benefits:

• Guarantee growth - 8% or better


• Guaranteed retirement payout - you know what to expect


• Payment guaranteed as long as you live.


• Liquidation if you need it and there is money left in your annuity (note- you can change your mind and cash it.)

It is the perfect place for my assets that I will have provide retirement income. Watch this short video I made discussing the benefits:

http://www.youtube.com/watch?v=APqa6o1bCFw

I hope it helps you sell more annuities!

New, Modernized Medicare Supplements.

In June, 2010, the new Modernized Medicare supplement plans were introduced. If you haven't talked to your clients in the past year, you need to watch the below short video. I made it especially for you - short and easy to understand.

Medicare Supplements: New Modernized Plans - http://www.youtube.com/watch?v=spbw1PtC_dU

The New "Annuity"

It's now called the "new" annuity, or the annuity "altenative". In either case, it's now a big time product.

Single Premium Life (SPL) has quietly become one of our best selling products. We are seeing solid premium increases from three carriers. Most agents know about SPL, however, now many are seeing the benefits.

In the past, annuities were the hot thing for these reasons:

• Big commissions


• Easy underwriting


• Easy to explain and understand

However, the big, double-digit annuity commissions are now a thing of the past and while underwriting is still simple, the "suitability" form has stopped plenty of applications.

SPL is quickly rising as a very solid replacement for annuities. Why? Most annuities are never liquidated, the owners simply move from annuity to another after surrender charges or they die and pass it on ---- which, of course, is a taxable event.

SPL is perfect for those clients, here's how:

• Simplified underwriting


• Easy to explain and understand


• Increased death benefit to pass at death


• No taxes at death


• Added benefits for LTC needs.

PLUS: Double-digit commissions for the agent!

PLUS, PLUS: One carrier now accepts Qualified money in their plan! Yes, I said qualified money.

Call us for details at 800-504-7471. You will be surprised at how easy SPL is to sell. Your client will enjoy it!

Life Insurance Sales skyrocketing

Are you selling life insurance?

Our life insurance sells are skyrocketing, but not the policies that get all the headlines.

Simplified, easy issue life has taken the forefront for Premier Insurance Partners. It used to be cheap, fully underwritten term insurance was all the "rave". But it appears that America want its life insurance just like its food - quick, easy, and cheap.

Simplified life policies fit this niche perfectly. You can get up to $250,000 of term or permanent life for pennies. Best of all, no paramed is required. Thus, no stepping on a scale, getting poked with a needle, or trying to give a urine sample. The entire process is done from the application and a quick check of MVR and similar reports. Many policies are issued in under 5 days!

New carriers are entering this market, which supports what we have been seeing. The public wants life insurance, but don't make it so complicated. Make it easy to purchase and put a policy in my hand quickly.

Call us today for more information. Quick issue and quick commissions - both you and your customer will like it!

Medicare Advantage Season

Time Again --- Medicare Advantage season is just around the corner. The selling season is much different this year - it starts earlier and end earlier. Let's look at the timeline:

• June - Carriers must submit product designs to CMS for approval.



• July - We should start seeing product designs and what areas they are approved



• August - On line certification to begin - get started early so you receive your approval and can order supplies when available. You definitely want to avoid the rush.



• August - should have a good idea of final plan designs and what is available in your area.



• Sept - Almost time to sell. If you have not yet certified, you are now in the dreaded "bottleneck" when carriers are backed up. Get certified ASAP so you can get supplies.



• Oct. 15 - selling season begins - a full month earlier than previous years. Most agents will be caught by surprise and not even certified yet. Don't be one fo these agents.



• Dec. 7 - Selling season ends - "by coincidence" falls on the same date of the Pearl Harbor anniversary.



• Jan. 1 - all new enrollments take effect.

As you can see, the season is substantially condensed. Call our office for all your Med Advantage needs at 800-504-7471

New, Incredible annuity

If you like to sell annuities with a guaranteed income rider, an outstanding new product is being released on May 23.

From Phoenix Life, this annuity has two riders:

Income Now rider

• Up to 45% bonus on income rider

Income Later rider

• 14% rollup each year for 10 year

The unique thing about this annuity is that it fits the two catagories of those wanting guaranteed income. Do you want your income now - you can have up to a 45% bonus. Do you want your income later, between years 4 to 10 - you can have a guaranteed 14% annual simple return on your money until you turn on the income.

Want more details? On May 23 we will have it.

Medicare Supplement - Plan N

Wow - Plan N change happens fast with Mutual of Omaha. Mutual of Omaha, one of the most respected carriers in the Medicare Supplement world, was riding high on their new Plan N production. Premier Insurance Partners definitely enjoyed the ride. However, today, Mutual announced the withdraw of their Plan N. Where do you go now? We have lots of options for you.

• Do you want the lowest price Plan N - we have lots of choices. Call for the lowest plan in your State.


• Do you want a low price product, but with extra's - read below.

We have one carrier in particular that I believe will rock the Plan N world. Their rates are very competitve. Not necessarly the lowest, but definitely very low.

In addition, this carrier allows you to switch to any other plan with NO UNDERWRITING.

Call us today at 800-504-7471 or reply to this blog.