Is This Right for You?
When you buy a secondary market annuity, you are buying the rights to contractually guaranteed payments to you, and the issuing insurance company retains full ownership of the annuity. In order for you to buy the rights to the payments, a judge has to approve this contractual change of annuity benefits. The issuing insurance company has to approve the transaction also since they are going to own the policy, and are agreeing to pay the ...
Interview with John Bulbrook In LIFE & Health ADVISOR Magazine
by Carolyn Ellis Ms. Ellis is Features Editor for LIFE&Health Advisor. Connect with her by e-mail: cellis@lifehealth.com John Bulbrook is CEO of Bulbrook/Drislane Brokerage, a Wellesley, MA., wholesaler of life and annuity products. We talked with John about secondary market annuities, new to the retail arena for the safe money portion of a client’s portfolio. L&HA: What are secondary market annuities? JB: A good ...
Stop Chasing Clients Once and for All
A Five-Day Plan to Bring Them to Your Doorstep By John Bulbrook Let’s face it-chasing after clients is a pain. Imagine for a moment, that instead of chasing after them, they sought you out. Instead of leaving yet another voice mail-they called you. The best news is that this type of client-attraction system is easy to implement, if you follow the advice of my friend Mark Satterfield in his newest book, The One Week Marketing Plan. Mark ...
Are You Ready for Possibly the Best Investment You Could Have?
Finding new investments can be hard. There are different choices but which is right for you and your family? Do you want to invest in real estate? Or the latest trend? Probably not because there is a high risk in either of those. Are you looking to provide for your family with additional income and keep the lifestyle you currently enjoy even when you are retired? That is usually the option of choice when I talk to people. A lot of ...
Looking for a Safe Investment with a High Rate of Return?
Most people want to invest but they don’t want to lose a lot. They need security and a high rate of return. One investment that can meet these objectives is a pre-owned annuity. Many people own the rights to annuities that guarantee monthly income, sometimes for terms of up to 50 years. Some of these owners are willing to sell the legal right to their structured monthly payments, at a discount, for a lump-sum payment. This often occurs ...
Curious How This All Started Many Years Ago?
The world of finance and investments is both crucial and complicated. What we do with our money is intensely personal but frankly it's one of the areas of our life in which we most need assistance and help. What I have found over the 30+ years in this field is that the relationship people have with anyone who offers financial advice becomes quite personal. You've probably heard the phrase know, like and trust. For anyone to follow any type of ...
What Do We Do Here at Bulbrook/Drislane Brokerage?
At times I get asked for more details about what we do at our brokerage and how we help agents. Bulbrook/Drislane Brokerage has been around since 1984 and has placed over $12,000,000,000 of insurance with aggressive companies for successful agents. That is an amazing amount and we are proud of that accomplishment! We live and work by the rule of doing for others what we would like done for us. We build up relationships, share our expertise ...
Is a Bonus on Indexed Annuities Free Money?
You may have heard about bonuses on Indexed Annuities and they sound too good to be true right? A lot of people think of them as “free money.” Today we will dive into the details on what these bonuses really are so you can understand their value. As I’m sure you have learned in life, nothing is ever really free. A majority of upfront bonuses come with an annual fee for the life of the policy. Indexed annuities typically have the ...
Immediate Annuity…Does It Have a Purpose?
A Single Premium Immediate Annuity, otherwise known as an Immediate Annuity is the original annuity product first introduced back in the Roman times. It must work if it has lasted all these years right? Some people think that with an immediate annuity you are just getting back your own money and that it doesn’t make a lot of sense. Today we are going over the ins and outs of immediate annuities so you can decide if this is a good idea ...
Do You Think of Annuities as Life Insurance?
Ever wonder if Annuities are the same thing as life insurance? I have heard this question at times and today I want to answer that for you. Annuities are issued from life insurance companies….so in essence they are life insurance products. However, annuities and life insurance are very different when it comes to taxes. Before we go further I want to make sure to say that when it comes to taxes or any questions around that subject you ...