Annuities

American General

Annuity Rates
View current annuity rates.

New York Agent Annuity Training Requirements
Effective June 30, 2011, American General Life Companies require each agent licensed in New York to complete product-specific training prior to soliciting annuities. Applications cannot be accepted for processing unless the training has been completed prior to the date of application. Read more on New York Regulation No. 187 and Get Training Details.

Genworth

Clients Continue to Give Up a Lot of Return Waiting for Rates to Go Up--Idea from Genworth and Barron's Mention

Clients are giving up a lot of money waiting for rates to go up.  History tells us that rates go up gradually; they most likely won't double in 12 months. Now’s the time to take advantage of higher yielding products that offer liquidity, like MYGA, SPDA, and Return of Premium. The client's money is put to work now, and there's a hedge built-in if rates do move up quickly. Compared to the highest yielding money market account, a client is currently giving up more than $2,000 per year per $100,000 by not taking advantage of a 3% fixed annuity: this is commonly referred to as the "cost of waiting." How many times do you hear “we’re waiting for rates for rise” when you speak with producers or clients? We’ve heard it all year. Where are rates now?

               1yr CD (Bankrate.com nat'l avg.)     5 yr CD      10 yr Treasury     Money Market

01/03/11          ~66bps                                   ~1.85%        3.36%              ~1.2%
06/17/11            44bps                                     1.68%        2.94%               87bps

How long do you wait for rates to go back up?  Here’s the last time rates were above: 

4%: October 2008 

5%: July 2007

6%: July 2000

7%: April 1995

8%: July 1991

9%: April 1989

So if your clients have been waiting for a modest rise in rates to 5%, then they’ve been sitting on the sidelines for almost 4 years (with many probably earning less than 2%). You can see the trend as rates go higher. When discussing annuities with your clients, please keep in mind that in the WSJ Barron’s report of the “25 Smart Annuity Choices”, the Secure Living Rate Saver was ranked in the top five of 5 year fixed annuities and our SPIA was ranked in the top five among SPIA products. 

CD vs. Annuity brochure
National Rates

Protective Life

Annuity Interest Rate Notification
Interest Rate Notification Summary - Click the link to view the PDF file, or right-click to save to your desktop.

Interest Rate Notification Summary - Registered Products
Interest Rate Notification Summary- Unregistered Products

For individual product rate sheets, please visit the Protective Producer Center (for unregistered representatives) or the Protective Advisor Center(for registered representatives), and log in.

West Coast Life

Annuity Interest Rate Notification
Interest Rate Notification - Click the link to view the PDF file, or right-click to save to your desktop. For individual product rate sheets, please visit the Agent Center and log in.

LTC

AXA

Get Clients Covered!
AXA Equitable's Athena Universal Life^SM with the Long-Term Care Services^SM Rider (LTCSR) can fill a client’s need for both life insurance and long-term care coverage. Consider this product for clients who might not be able to qualify for a long-term care stand alone policy. LTC Services Rider Podcast

National Underwriter

Analysis: Caregiving Hits Men's Earnings Harder
Male workers who care for aging parents tend to earn less than female caregivers, and they earn much less than men who are not caring for their parents earn…Read more