Comparing FIAs for Different Scenarios

[SanDiego619]

Does anyone know of any literature published by an independent source that compares the features of the most popular FIAs and in which client scenario a particular FIA would be suitable. I'm talking about the major carriers such as American Equity, Allianz, Great American, Annexus, etc

Not that it helps with actual comparing but here is a list of the top ten FIAs sold in Q1 of 2014.

1. Allianz Life Allianz 360 Annuity
2. Allianz Life Allianz 222 Annuity
3. Security Benefit Life Total Value Annuity
4. Security Benefit Life Secure Income Annuity
5. American Equity Bonus Gold
6. Allianz Life Allianz 365i Annuity
7. Great American Assurance Select 7
8. American Equity Retirement Gold
9. ING Secure Index Seven
10. Allianz Life MasterDex X

Oh and btw, don't believe the marketing hype. Annexus is not a major player in this game.

 

[cloisbarton]

In the big scope of the product you could wrapped your hands around about 5 major carriers and take care all your clients needs. Generally speaking they are design to offer the same range of returns, it is the guaranteed benefits that can set some of these products apart. To spreadsheet the carriers and the products they have would be an overload of data.

Even on the income rider spreadsheets you will notice 5 or 6 of the same carriers always at the top. Then depending on certain specific situation you might see another carrier pop into the mix, but even then it is not a significant difference in income payouts.

Grab you 3 to 5 solid carriers that offers the best guaranteed benefits (income rider) or best opportunity for interest to be credited long term (caps, fees, spreads, etc) and you will have plenty to offer your clients.