March 20, 2025
3 New Flexible Premium Annuities Coming Soon!
Annuity training is required before selling new products - complete it now.
As the #1 provider of indexed annuities in employer plans*, we’re excited to introduce three new flexible premium indexed annuities on April 7:
- Flex Secure Growth: Available with 5-, 7-, and 10-year surrender periods.
- Flex Secure Growth Bonus: A 5% bonus on all premiums paid in the first eight years.
- Flex Select Income: Clients can activate the Max Bonus or Split Bonus Guaranteed Lifetime Income Rider (GLIR) in the first year.
The new Flex products will replace our existing FIT Secure Growth and FIT Select Income products.
Click here for transition rules.
Agent Portal login required
Pending approval in New Jersey and Oregon.
Not for sale in New York.
What’s New and Exciting?
All three annuities offer these enhancements
New S&P® 500 Performance Trigger index crediting option.
Clients will be credited a pre-set Performance Trigger interest rate if the market index does not lose value over a year. This option will also be available for Zenith & Driver SPDAs.
Four sweep dates.
With sweep dates on the 7th, 14th, 21st, and 28th of each month, clients’ money will be allocated faster to an index crediting option.
Big wins start small!
- Start with as little as $100/month or a $5,000 single premium.
- GLIR Income Doubler may pay out double the income for up to five years if clients become incapacitated and qualify.
- Upside potential and downside protection. Savings have the potential to grow tax deferred until withdrawn.
- 10% free withdrawals, starting in year 2.
Which FPDA is right for your clients?
To help guide your clients, review our FPDA comparison brochure, which shows the features they have in common—and their key differentiators.
Annuity Training Reminder
You must complete annuity training on the Agent Portal before selling these new products, even if you have completed this training in the past.
Agent Portal login required
*LIMRA/LOMA, U.S. Individual Annuities Sales Survey, Participants Report, 2024.
Indexed annuities do not directly participate in any stock or equity investments. An investment cannot be made directly into an index.
“Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500”, and “500” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Life Insurance Company of the Southwest. The product is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of purchasing the product.
