Going Broke Safely.
Save Your Clients From a Failed Strategy
In years past, "Get Rich Quickly" was the mantra of many clients who experienced amazing returns on short-term equity investments. In the end, many of those clients ended up with dramatic losses.
Today a new investment pattern has emerged. "Going Broke Safely" refers to clients keeping most or all of their money "safely" in the bank -- in the form of CDs, savings accounts, or money markets earning returns lower than 1%. While there is safety of principal behind those investments, two critical factors steadily erode that buying power: taxes and inflation.
As of September 2011 the latest rate of inflation was 3.9% annually. Ignoring taxes completely, that rate of inflation alone will erode your clients' purchasing power by more than half over 20 years.
A Better Option
Fortunately, both fixed and fixed index annuities offer the same protection of principal, but often with higher rates and added benefits such as Death Benefit protection or income guarantees.
A Rising Rate Environment
According to a recent survey by Rassmussen, a full 50% of Americans believe that interest rates will be higher in the upcoming year.
One of the best ways to take advantage of rising rates is with the Interest Rate Benchmark Strategy (IRB) from ING. The Interest Rate Benchmark strategy is the only crediting method in the industry that is specifically designed to perform in a rising rate environment. It is linked to the 3-month LIBOR rate, which has increased over 100% since its all-time low of 0.25% in August 2011. Also, this strategy has a cap rate of 10%!
There is tremendous opportunity now to help your clients take advantage of the rising LIBOR rate. Want to learn more?
Check out this BrainShark on the IRB Strategy:
Don't let your clients go broke safely.
Talk to them about a fixed index annuity from ING USA Annuity and Life Insurance Company.
New Agent Training Video Now Available From Medico
In order to simplify your training of new agents, Medico has developed a New Training Video that we will be sending to all newly appointed agents. This video can be posted on your own website or be sent out to currently appointed agents as a reminder to them about Medico. The video will help the agents get acclimated to the Medico Way! In this short video, we cover;
* a brief history of Medico, and how we believe insurance should be
* information of the Medico Information Center (MIC); our industry leading agent website
* a detailed review of our product suite and
* marketing strategies to help them get started selling Medico products.
We want to make sure they are comfortable with our products, and
our company. We strive to make selling our products as simple as possible!
Click Here To Watch!
Transamerica LTC Brainshark Video
Mutual of Omaha's
Go! Training Program is now online
to view a List of all Brainshark training modules made available by: