Bringing Financial Advisors the Best Fixed Annuity
and Insurance Solutions Available
and Insurance Solutions Available
Secure Index Seven - This new 7-year product replaces the current Secure Index on a state by state basis. As other states become available, there will be a 60 day window in which to wrap up any Secure sales and begin selling the new Secure Index Seven.
Like the original Secure, this product has an annual point to point option with guaranteed 100% participation rate and a cap. The guaranteed minimum for the term is 3.00% on 100% of the premium. There are three other crediting strategies the clients can choose from. The commission is unchanged at 5.00%.
| Secure Index Seven | $15,000 | $75,000+ |
|---|---|---|
| Fixed Account Strategy | 4.35% | 4.35% |
| Participation Rate/No Cap Strategy | 42% | 48% |
| 100% Par. Rate/Cap Strategy | 8.50% | 9.75% |
| Monthly Average Spread Strategy | 3.90% | 2.50% |
Secure Index Five - This 5-year product has the same crediting strategies available as the 7-year product and is perfect for client's who prefer the shorter term. The guaranteed minimum for the term is 1.50% on 100% of premium. The commission is 4.00%.
| Secure Index Five | $15,000 | $75,000+ |
|---|---|---|
| Fixed Account Strategy | 4.15% | 4.15% |
| Participation Rate/No Cap Strategy | 42% | 48% |
| 100% Par. Rate/Cap Strategy | 8.50% | 9.75% |
| Monthly Average Spread Strategy | 3.90% | 2.50% |
Secure Index Opportunities Plus - This 10-year product has the same crediting strategies available as the 7-year product, but incorporates a first year premium bonus of 5% in order to compete with other products in the industry that offer bonuses. The guaranteed minimum for the term is 3.00% on 87.50% of the premium. The commission is 8.00%.
| Secure Index Opportunities Plus | $15,000 | $75,000+ |
|---|---|---|
| Fixed Account Strategy | 3.65% | 3.65% |
| Participation Rate/No Cap Strategy | 38% | 43% |
| 100% Par. Rate/Cap Strategy | 7.00% | 8.25% |
| Monthly Average Spread Strategy | 4.25% | 3.50% |
*None of these products are designed to be annuitized. The Secure Index Seven may not be annuitized for its account value during the 7-year term at all. The Secure Index Five may be annuitized for its account value starting in year 2 for a minimum of 10 years at a minimum annuitization rate of 1.50%. The Secure Index Opportunities Plus may be annuitized after year 5 for a minimum of 10 years at a minimum annuitization rate of 1.50%.
Lincoln Benefit Life introduced in 2006 two new products that allow for 15% of Account Value withdrawals starting in year one. The products consist of a 6 year product called the SureHorizon II and a 9 year product called the SureHorizon Choice. Both products offer higher current rates and higher guarantees than other products available. These products are approved in all states except for NY.
The SureHorizon II (6 year product) offers an exceptional value in our opinion! The SureHorizon Choice (9 year product) offers an exceptional value to the client, but is a bit light on commission for a 9 year product.
| SureHorizon II (6 year product) | ||
|---|---|---|
| Years | < $100,000 | $100,000 or More |
| 1 | 5.05% | 6.05% |
| 2-6* | 3.55% | 3.55% |
| Commission* | 4.75% | 4.75% |
* Year 2-6 renewal rates shown are not guaranteed. The guaranteed minimum rate is currently 3.00% and is subject to change quarterly for new polices. Changes would not affect issued policies. Commissions shown are at normal issue ages.
| SureHorizon Choice (9 year product) | ||
|---|---|---|
| Years | < $100,000 | $100,000 or More |
| 1 | 5.85% | 6.85% |
| 2-6* | 4.35% | 4.35% |
| Commission* | 4.00% | 4.00% |
* Year 2-6 renewal rates shown are not guaranteed. The guaranteed minimum rate is 3.00%. Commissions shown are at normal issue ages.
If you spend most of your time helping clients with asset management, you may be one of many who cringe when your clients ask about life insurance? Now, there is a simple way for you to gather the necessary information needed, so that our experts can help you make insurance recommendations.
