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Nationwide Peak Annuity

    Home agentblog Nationwide Peak Annuity
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    Nationwide Peak Annuity

    Nationwide Peak Annuity

    By Ed Crowe | | 0 comment | 11 March, 2021 | 0

    Nationwide Peak Annuity

    The Nationwide Peak annuity is a single premium deferred fixed indexed annuity.  The product has a income rider with a 4% roll up and no annual fee.  A 7% roll up option is available for an annual fee.  The AM Best rating is currently A+.  10 year surrender period with a 10% free

    Nationwide Peak Annuity- (Peak 10 version) Income bonus

    The product has a 10% income bonus.  The bonus is on the income rider only and not the accumulation value.

    State approvals

    This product has approvals in most states but not all.   CLICK HERE FOR STATE APPROVALS

    Crediting methods

    This product features multiple crediting methods including uncapped strategies

    • Exclusive: Alliance Bernstein Growth and Value Balanced IndexSM (GaVL)
    • Exclusive: J.P. Morgan CycleSM Index
    • S&P 500® Daily Risk Control Index
    • S&P 500® Price Index

    Nationwide Peak Annuity: (Peak 10 version) Commission

    Street commission is a percentage of each purchase which is based on the age of the client. Please see below for details:

    If the client is between the ages of  0 to 75 years old, the commission rate is 6.50%.
    With clients between the ages of  76 to 80 years old, the commission rate is 4.65%.
    For clients from ages 81 through 85, the commission rate is 3.05%

    Nationwide Peak 10 Street commission – Agent Level 4- click here to view document

    Additional commission levels for high level producers and agencies

    Nationwide offers 4 additional commission levels for those who meet specified production levels.  Production at additional levels ranges from 2.5 million at level 1 and tops out at 25 million for level 4

    Click here to access more product information

    to view the product brochure; click here

     

    Would you like to learn more about joining the Crowe and Associates team?  Click here.

    See what else we offer agents.

    If you would have any questions about this or other products. Please feel free to contact us either by phone at (203)796-5403 or by email at edward@croweandassociates.com.

    Click here to contract online.

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    Crowe & AssociatesCrowe & Associates

    Online Enrollment- Enroll prospects online without the need for a face to face appointment. Access to all major carriers with the ability to compare plan benefits and prescription drug costs. Link to recorded webinar https://attendee.gotowebinar.com/recording/2899290519088332033

    All agents receive a personalized enrollment website. Prospects can use the site to compare plans, check doctors, run drug comparisons and enroll in plans. Agents are credited for all enrollments. Click Here

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