July 13, 2023
In-Case You Missed It – New Single Premium Deferred Annuities Are Here!
We have launched our new SPDAs for Zenith Income, Zenith Growth, Income Driver, and Growth Driver. You'll love to tell your clients these 11 things:
- Each product is available as a 7-year or 10-year.
- The minimum premium is only $25,000.
- Premiums can be added for 90 days after issue, making it easier to do multiple rollovers.
- Premiums can be spread out over 12 months, using Dollar Cost Averaging, so no longer tied to only one interest crediting day in the year.
- Offers the option of 2-year point-to-point indexing strategies, in addition to 1-year point-to-point.
- Zenith Income and Income Driver, with the Guaranteed Lifetime Income Rider, help savings become retirement income that can never be outlived, while still retaining access to the remaining cash value.
- The GLIR benefit can be activated when the customer is ready.
- Zenith Income offers an activation bonus up to 200% to help maximize guaranteed lifetime income.
- Income Driver offers predictable guaranteed lifetime income and a 20% Benefit Calculation Bonus with a Standard Guaranteed Lifetime Income Rider.
- Zenith Growth helps you maximize your growth potential with high participation rates and caps.
- Growth Driver offers an immediate premium bonus to boost your retirement savings – 10% for 10-year, 7% for 7-year.
Get the new consumer brochures
Learn everything there is to know about our new SPDAs by viewing the SPDA comparison flyer and the new consumer brochures.
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-Important Information-
All Zenith and Driver SPDAs include a Dollar Cost Averaging (DCA) option, which allows clients to move their premium to index crediting strategies over 12 months — instead of on just one day per year.
- To learn more about differentiating and common features, view the SPDA Comparison flyer.
- To get ready to sell our new SPDAs, make sure to complete your required state training.