Annuities
A tax-deferred, long-term savings option that provides principal protection in a down market and opportunity for growth.
Fixed annuities are primarily represented by three different products:
- fixed indexed annuities (FIA)
- single premium immediate annuities (SPIA)
- multi year guaranteed annuities (MYGA)
To sell a Fixed Annuity, all you need is a Life Insurance license and proper product certifications.
Fixed indexed annuities provide consumers with several benefits because they are risk-free, yield decent & guaranteed rates of return and gather tax deferral benefits. Besides being in demand, fixed annuities can also be financially attractive to agents. Depending on the annuity type, fixed index annuity sales can yield agents up to 8% in commissions.