Annuities

Mar 29, 2019

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  1. Zmurre
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    Zmurre New Member

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    I have also been seeing a lot of people in the annuity business write the bulk of their business with Athene. Everyone speaks highly of this company, my goal is to get into annuities master the fixed indexed annuity side, and have my top go to companies/company that I master learn and write most of my business with and if I have a special case that the company may not be best for pull the others out of the bag when needed. I dont want to start out with all these different companies. On the insurance side im contracted with many different companies i dont write with all of them I have my go to comoanies that are my top however if there is a health conditions or a case thats unique I pull out the others when needed if its the best fit.
     
    Zmurre, Mar 29, 2019
    #11
  2. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    You certainly dont need every annuity product out there. But having a solid 3-4 carriers as your go to options usually works well. But stuff changes with time. Not too long ago Athene didnt even exist. They bought Aviva's annuity book to get started ... and at that point nobody was selling Aviva anymore... but about 5 years before that, Aviva was killing it with FIA sales and was a standard go-to in the industry for many agents. Things can change quickly with competitiveness of new rates/benefits.

    Dont get me wrong. Athene is a solid carrier who currently has very competitive products. Especially if you are selling annuities with Income Riders. But having a competent IMO who is able to help give suggestions for cases, especially when your go to products do not fit well, is a very valuable resource to have in your bag.
     
  3. pfg1
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    pfg1 Guru

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    I second or third FIG. Good company and they have all the main carriers. Street commission will vary by carrier, product, amount, age, etc. If you plan to get into that area of the business, do yourself a favor and learn as much as you can about it.
     
    pfg1, Mar 30, 2019
    #13
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