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Category: Annuity Selling

Private Annuity Trust

Published on October 30, 2008 in Annuity Selling by Bob Richards

A private annuity is very different from the annuities that are sold by insurance companies. A private annuity is an agreement between two parties in which one party (annuitant) transfers the assets to another party (obligor) for which the annuitant receives unsecured payments for the rest of their life. Neither of the parties in this Read more…

Selling Annuities II

Published on October 29, 2008 in Annuity Selling by Bob Richards

Who Buys Annuities? There are potentially millions of people who may want to purchase annuities, from the recently retired to the fortunately wealthy, and with such a lucrative market it is important to remember that nothing is set in stone; there are a number of different proven ways of selling annuities and many that should Read more…

Sell Annuities

Published on October 28, 2008 in Annuity Selling by Bob Richards

Annuity companies offer a wide range of products for investors in different age groups and taking into consideration various other parameters. Selling an annuity product to an investor takes a great deal of effort on part of the company and the representative. Companies use various kinds of strategies to sell their annuity products. While some Read more…

Selling Equity Indexed Annuities To Seniors

Published on October 24, 2008 in Annuity Selling by Bob Richards

Seniors and pre-retirees generally form a major percentage of people who buy annuities. This is so because people start thinking about earning a constant income post retirement at this age. On the other hand, at this seniority, most people also have enough money to invest in annuities and other financial products. There is a huge Read more…

The Mathematics of Selling Equity Index Annuities

Published on October 23, 2008 in Annuity Selling by Bob Richards

If you want to sell a lot of your product and do it ethically, you must be an expert.  You cannot and should not sell annuities that you don’t understand. Unfortunately, the majority of agents selling equity index annuities don’t understand the basic math of compounding. Let me illustrate (refer to table below). The compounded Read more…

How to Sell Annuities

Published on October 21, 2008 in Annuity Selling by Bob Richards

The market for selling annuities is massive and, potentially, extremely lucrative. Consider the millions of people who retire each year, and have surplus funds that they want to invest, or those that become wealthy early and want to make sure their funds are used to grow, not decline in value. But the methods of selling Read more…

Annuity Sales and the NAIC Model

Published on October 20, 2008 in Annuity Selling by Bob Richards

Annuity sales by insurance companies are a big revenue generator for all insurers across the country. Insurance agents sell various kinds of annuities like variable annuities, retirement annuity or a deferred annuity. The sales are made to individuals are based upon their requirements. However, it is important to follow the guidelines set by the National Read more…

Annuity Marketing

Published on October 17, 2008 in Annuity Selling by Bob Richards

An annuity marketing firm will help in selling annuities to investors. There are innumerable firms across the country who help insurance companies and their agents to sell annuities. These wholesalers or distributors are referred to as independent marketing organizations or field marketing organizations or master general agents. Let us find out what are the annuity Read more…

Annuity Sales

Published on September 30, 2008 in Annuity Selling by Bob Richards

Annuity sales by insurance companies are a big revenue generator for life insurers across the country. Insurance agents sell various kinds of annuities like variable annuities, retirement annuities or deferred annuities. The annuity sales are made to individuals are based upon their requirements. However, it is important to follow the guidelines set by the National Read more…
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