Advising on guaranteed living benefits
March 4, 2015 by Ed McCarthy
Guaranteed living benefits remain popular with indexed annuity and variable annuity (VA) buyers. According to LIMRA Secure Retirement Institute, the guaranteed living benefits election rate in the third quarter of 2014 was 69 percent with indexed annuities and 76 percent for VAs (when available with the contracts).
I recently spoke with Matt Hoesly, an advisor with Resource 1 Inc. in Norfolk, Virginia, to learn how he’s been successful using these riders with clients. Click HERE for interview
Originally Posted at LifeHealthPro on March 2, 2015 by Ed McCarthy.
Categories: Industry Articles