The fixed indexed annuity (FIA) has undergone many facelifts since its inception in 1995, and most of you have witnessed the transformation and evolution of this principal-protected insurance product. Some of the changes are a direct result of our regulatory environment while others reflect the insurance companies’ desire to find unique ways of crediting interest while providing maximum benefits to the client. Currently, there are numerous good insurance companies offering a smorgasbord of competitive products, and with approximately $35 billion of annual sales in 2010 and 2011, lack of product is not the issue — rather it’s product selection. How do you the producer determine which products fit into your practice and your clients’ plans for retirement?
August 2012 - Page 2 of 2 - Creative Edge
Ing Launches New Index Strategy
Launching August 6 available on the ING Secure Index Annuities, the new Performance Trigger index strategy is designed to capture the upside of the S&P 500 when the annual performance is flat or positive. If, at the end of the contract year, the S&P return is zero or greater, clients’ accounts will be credited at the Trigger rate (a predetermined rate). For transition rules and rate hold information, call your Sales Consultant. 800.992.2642
