Saturday, February 7, 2009

Multi-Year Gaurantee Annuity Benefits

How many of your clients are looking for safety in today's volatile economy?
Multi-year guarantee annuities (MYGA) are designed with an interest rate that is guaranteed for the full-term of the annuity. Since a client can accurately predict the value of the annuity throughout the life of the contract, they are especially useful for reaching a specific value at some time in the future such as retirement. Of course, the MYGA annuity is a type of Tax-Deferred Fixed Annuity. With CD rates being as low as they are, it is the insurance agents obligation to educate your client on safe investments that offer generous interest rates & short surrender charge periods. Products that offer (1) safety of principle (2) A guaranteed interest rate for 3, 4 or 5 years. As of today Feb 7th, 2009 there is a leading carrier offering 4.9% interest for a 5 year MYGA! Interest rates may change weekly, so log onto our website http://www.global-insurancegroup.com/ or call 954-796-8180 for updates. It is important to inform your clients that the guarantees are backed by the strength & claims-paying ability of the insurance company. A five year fixed rate annuity is an excellent opportunity for you to excel your sales. If you are having problems with your prospecting, this product is an excellent way for you to get the attention of your future clientele. Commissions on these products are as high as 3% for licensed agents of Global Insurance Group.