Uncapped FIA's

[nathan.lee]

I'm told that SBL only sells their fixed products through broker/dealers, and an indy life agent cannot get appointed directly (or with an FMO) to sell their fixed/indexed stuff.

Can anyone confirm/deny that?

SBL has some juicy fixed products out right now, and they don't really scare me now that Guggenheim is backing them.

Not sure that is correct. I believe they have at least one proprietary product with Advisors Excell and possibly another with a limited number of FMOs.

I just saw an announcement today that they have a new product which will only be available through 4 FMOs.

For better or worse, I won't have it. haha

 

[annuityseller]

2 of the FMO's are gradient and Impact Marketing(david Kelly's bunch)

 

[iceco1d]

I think SBL is shady - anyone else get that impression?

 

[nathan.lee]

I'm told that SBL only sells their fixed products through broker/dealers, and an indy life agent cannot get appointed directly (or with an FMO) to sell their fixed/indexed stuff.

Can anyone confirm/deny that?

SBL has some juicy fixed products out right now, and they don't really scare me now that Guggenheim is backing them.

Change of heart? haha

 

[iceco1d]

Not at all. They have some nice products, and they don't scare from a "oh ****, we bought tons of junk MBS!" perspective.

But I still think their business practices are shady.

 

[360]

Is the new SBL product the same product being offered by Advisors Excel or are they two different products? Who's the 4th marketer?

Gradient
Impact Marketing
Creative Marketing
???