Indexed Annuity ?

Mar 8, 2019

  1. Chilly
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    Chilly New Member

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    Are there any insurance companies that required their agents to be Registered Reps in order to sell Indexed Annuities? Thanks
     
    Chilly, Mar 8, 2019
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  2. DHK
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    DHK "YOU CAN'T HANDLE THE TRUTH!"

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    Ohio National was due to DOL issues at the time. They're not offering annuities at all anymore.
     
    DHK, Mar 8, 2019
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  3. Allen Trent
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    Allen Trent Guru

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    yes. some carriers (not very many) only sell their index annuities through their Brokerage division. When this occurs & the agents are also registered reps, the broker dealer compliance officer also has oversight over indexed annuity sales.

    I believe Securian/Minnesota Life only sells their index annuity through their brokerage division. So, I believe you must be a registered rep with their broker dealer to have access to their Index Annuity.

    However, they sell their IUL through all distribution channels
     
  4. Tahoe Ray
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    Tahoe Ray Guru

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    Several companies have products available only on the b/d channel. Athene, Global Atlantic, etc.

    It is a separate product line only available in the b/d channel. There is normally a similar non "b/d" version available as well (although normally with terms-par/spread/caps that aren't as strong)
     
  5. Kenneth Busch
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    Kenneth Busch New Member

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    I believe Guardian could be one. Not sure though
     
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