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  • DPL Financial Partners rolls out four-year fixed annuity from Colorado Bankers Life Insurance Company

    October 1, 2018 by DPL Financial Partners

    FOR IMMEDIATE RELEASE
    Greg Joslyn, The Lowe Group
    greg.joslyn@lowecom.com
    414.376.7275

    DPL Financial Partners rolls out four-year fixed annuity from Colorado Bankers Life Insurance Company

    Commission-Free insurance product extends DPL’s offering for fee-only advisors

    LOUISVILLE, KY., Oct. 1 – DPL Financial Partners (“DPL”), the Commission-Free insurance network for
    registered investment advisors (“RIAs”), today announced the addition of CBLA-4, a four-year fixed
    annuity from Colorado Bankers Life Insurance Company® (“CBLife”). The new offering is the first from
    CBLife created for the RIA market.
    CBLife is an innovative and entrepreneurial company with a technology focus to help deliver faster,
    more efficient solutions and experiences to both clients and advisors,” said David Lau, founder and CEO
    of DPL. “The combination of eliminating the commission, along with CBLife’s focus and commitment to
    this product, creates a compelling fixed annuity that we believe is the best priced in the market.”
    For CBLife, the partnership represents an entrée to the RIA channel. “The fee-only market is growing
    and DPL offers a great platform to reach RIAs and their clients with our competitive four-year, taxdeferred
    product,” said Chad Burns, Senior Vice President National Accounts. “We look forward to
    continuing to develop products that deliver value to this important market.”
    The CBLA-4 fixed annuity offers a 4.00% interest rate, making it an attractive fixed-income alternative
    for individuals seeking retirement savings growth or an alternative to bank products such as CDs.
    About DPL Financial Partners
    DPL Financial Partners is an insurance network for RIAs that brings low-cost, Commission-Free insurance
    products from some of the nation’s top carriers to fee-only advisors. DPL is an independent company
    that works for RIAs to provide unbiased solutions that deliver the best financial outcomes for investors.
    DPL consultants are product and carrier agnostic. Learn more at www.dplfp.com
    About Colorado Bankers Life Insurance Company
    Colorado Bankers Life Insurance Company® (CBLife), rated B++ (Good) by A.M. Best,1 has been helping
    Americans successfully build and manage their insurance needs for more than 40 years. CBLife’s annuity
    products provide principal protection, guaranteed interest rates, tax deferral, and death benefits to help
    our clients plan for a retirement that could last decades. At CBLife, we meet our clients wherever they
    are in life to help them protect their family today and accumulate assets for future needs. For more
    information, visit www.cblife.com.
    1 As of April 11, 2018. A.M. Best B++ (Good) is 6th out of 13 possible ratings

    Originally Posted at DPFL on October 1, 2018 by DPL Financial Partners.

    Categories: Industry Articles
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