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How do Secondary Market Annuities Get Checked Out?

I’ve been telling you a lot about Secondary Market Annuities so that you can have the knowledge you need to decide if this is an option that may work for you and your family. Today I want to touch on how the money is distributed and how these annuities are checked out when they are purchased. Secondary market annuities provide multiple or single payment distrib...

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Are You Familiar with one of the Least Known Financial Instruments Around?

One of the least known financial instruments making the rounds in the asset protection circle is the Pre-Owned Annuity (otherwise known as In Force Investment). I know that sometimes people get nervous about annuities but I have to tell you that pre owned annuities are different than traditional ones. Let me explain a bit. Let’s assume that someone won the ...

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What is a Certified Pre-Owned Annuity™?

Have you heard of a Certified Pre-Owned Annuity™ but are not really sure what it really is? A Certified Pre-Owned Annuity™ is a contract that is issued by an insurance carrier, as part of a structured settlement. This contract guarantees the holder payments from the annuity over a fixed amount of time at a fixed rate of interest. The interest rate is determined ...

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Are Your Conversion Rates Where You Want Them To Be?

I got an interesting question from a producer recently. “Do I have to buy the Done-For-You Insurance Selling System to sell In-Force™ Secondary Market Annuities?” The answer is no, of course you don’t. As an agent you face two compelling challenges: 1.)  Attracting consistent steams of brand new prospects 2.)  Converting those prospects into actual ...

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Looking for a Safe Investment with a High Rate of Return?

If you have been researching investment options and are looking for something relatively safe but that will yield you a high rate of return, you should be considering previously owned annuities. Many people own the rights to annuities, some of which have terms of up to 50 years that guarantee monthly income.  Some of these owners are willing to sell the legal right ...

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Do You Have The Right People in Place as Beneficiaries to Avoid Feuds?

Life Insurance has a purpose…it provides for your family if you die unexpectedly. When you have a permanent life insurance policy, the death benefit goes to the beneficiaries you have designated free of income tax. When you set up your life insurance policy, you will be asked to designate  beneficiaries.  These are the people you want to receive your assets ...

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How Much Life Insurance Do You Need?

There are several ways to go about determining how much coverage you need when you purchase your life insurance policy.  One simple method is to buy coverage equal to five to ten times your annual income.  Following this rule of thumb, if you make $50,000 annually, you’d buy a policy between $250,000 and $500,000. Other methods are more precise and take certain ...

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As Household Numbers Increase So Should Your Life Insurance

In life, you can live without a lot of things.  You don’t need top of the line appliances, expensive cars, etc. but one thing that you DO need is life insurance. The importance of life insurance increases as the number of people in a household increases. Life insurance is a way to protect your family against possible financial trouble or even ruin, depending on ...

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