GET CONTRACTED
Edward@Croweandassociates.com
Call us: 1.203.796.5403
Crowe & AssociatesCrowe & Associates
  • Home
  • ABOUT
  • Sales Blog
  • Sales Tools
    • Online enrollment
      • Connect4Medicare
      • Sunfire
    • Quote and comparison site
    • Application Processing
    • Free Medicare lead program
    • Agent website
    • Predictive dialer
  • Free Leads
  • Products
    • Medicare Plans
    • Life Insurance Plans
    • Final Expense Insurance
    • Long Term Care Insurance
    • Fixed and Indexed Annuities
    • Healthshares
    • Dental and Vision Plans
    • Other Products
  • Training Webinars
  • Contact Us

Blog

Home Posts tagged "life annuity"

Best Income Annuity Choices

By Ed Crowe | annuity, Latest news | 0 comment | 30 July, 2013 | 0

There are multiple types of annuities that produce income.  The three main types are a Single Premium Immediate Annuity (SPIA), Fixed indexed annuity with income rider and  a deferred income annuity (sometimes called a longevity annuity).  They key is to know the strength of each product and the best time/situation to use it. Read more

Security Benefit SIA Available In Connecticut

By Ed Crowe | General Articles | 0 comment | 7 January, 2013 | 0

Security Benefit has had the annuity with the highest income payout for the last two years.  Anyone looking for future income from a deferred annuity would be able to get the highest payout using the SIA product.

One of the drawbacks to this product has been that it is not available some states, Connecticut being one of them. This means that a person living in Connecticut could not have access to the product unless they signed all the documents while in a state that the product was approved in.  Security Benefit has now obtained approval for the SIA to be sold to residents of Connecticut. Read more

Security Benefit SIA Available In Connecticut

By Ed Crowe | Annuities | 0 comment | 6 January, 2013 | 0

Security Benefit has had the annuity with the highest income payout for the last two years.  Anyone looking for future income from a deferred annuity would be able to get the highest payout using the SIA product.

One of the drawbacks to this product has been that it is not available some states, Connecticut being one of them. This means that a person living in Connecticut could not have access to the product unless they signed all the documents while in a state that the product was approved in.  Security Benefit has now obtained approval for the SIA to be sold to residents of Connecticut.

The products bonus is smaller in CT at 2% but the bonus of a product really does not mean much when it comes to the bottom line.  The SIA product with a 2% bonus will stay pay a larger future income than any other income product and this includes all the big names such as NY life, Allianz, Met Life, Aviva, NorthWestern Mutual, etc…..

Compare the attached income quote to the same quote from any other company to see what I mean.   This is an illustration for a 60 year old male who puts $200000 in the SIA product and takes income in 15 years at age 75.  Security Benefit will payout $36,585.00 a year at age 75. The payout number is guaranteed.  Compare this payout to any other companies guaranteed payout and you will see the difference.

Security Benefit SIA 60 year male 200K example

Best Annuity

By Ed Crowe | General Articles | 0 comment | 19 December, 2012 | 0

What is the best annuity?  The answer is that there is not a best annuity for every situation.  The trick is to find out the best one for whatever you are trying to accomplish.

Companies compete bitterly with each other in the annuity market.   They are always trying to come up with an annuity product that will be the next big seller.  While they want market share, they are never willing to offer a product that is the best in every category.  Instead, they will pick one area within a product and try to be the best in that space. Read more

Annuity For Life

By Ed Crowe | Latest news | 0 comment | 17 December, 2012 | 0

Annuity For Life

When someone is shopping for an annuity for life, it can mean multiple things based on their understanding of annuities.  Usually they are looking for either an immediate annuity or a deferred annuity.

If someone is looking to put money into a product and start to draw income immediately:

They would be looking for an immediate annuity.  With an immediate annuity, people give the insurance company money in return for a guaranteed income stream for life.  In the past this could be a bad deal for a consumer if they died prior to their life expectancy but now most annuities come with a guaranteed return of premium feature to avoid this problem.   The most competitive immediate annuities change on a monthly basis but these companies usually are among the most competitive….. Genworth, The Standard, Lincoln, Equitrust, American Equity and Great American.  They commonly have some of the higher immediate annuity payouts Read more

Annuities For Life

By Ed Crowe | Annuities, CD rates, Retirement Income | 0 comment | 9 July, 2012 | 0

Life Income annuities have been around for a long time.  The concept is straight forward.   You hand over a lump sum of money to the insurance company and they show you how much they will pay as income for the rest of your life.  There are a number of payout options such as a “Straight life payout” (They pay the money until you die), “Life pay with return of premium” (They pay for life and will pay any unused portion to a beneficiary if you die too soon) and a number of other options as well.

Life pay annuities are valuable when used in the right situation.  They can provide guaranteed income and are not subject to market fluctuation.  In other words, you can rely on the payout no matter what. Wikipedia has a very good article on life pay annuities that is worth reading (click her for Wikipedia article)  The only real drawback to the life income annuity is that you are giving up control of the lump sum asset.  Other lump sums should be maintained in the event it is needed.

In many cases, clients can obtain a better payout by using an indexed annuity with an income rider.  This approach always works better when someone is willing to wait a few years before starting income.  Using an income rider will allow you to know exactly how much income you can have at a future date such as 2, 5, 10 even 20 years down the road.   We always use the company that has the highest payout at the time and currently Security Benefit is the one paying the most.  They win in almost all payout scenarios.  Click Here for Security Benefit Info   This option also allows the client to maintain access to the lump sum investment which can have advantages over the traditional life annuity.

If a client is looking for immediate income, the traditional life annuity will often have the highest payout.  Given that insurance companies are constantly competing with each other to have the highest payout, it is prudent to check the market to make sure you are getting the highest payout possible.

Call (203-796-5403) or email Edward@Croweandassociates.com if you have additional questions or would like to obtain  information or quotes.

Categories

  • Ancillary Health product sales
  • Annuities
  • annuity
  • Brokers
  • CD rates
  • Dental
  • Dental insurance
  • Disability
  • FDIC insured CDs
  • Fixed interest rates
  • General Articles
  • Group Health Insurance
  • Individual Health Insurance
  • Investments
  • Latest news
  • Life Insurance
  • Life Insurance Products
  • Long Term Care
  • Medicare
  • Medicare A and B benefits
  • Medicare Advantage Plans
  • Medicare compliance
  • Medicare Drug Coverage
  • Medicare Supplements
  • Over The Counter benefits
  • phone and home Medicare sales
  • Retirement Income
  • Voluntary Benefits

Recent Comments

  • Peggy Webb on Humana OTC catalog 2024
  • Adam on What Are Medicare Rapid Disenrollments
  • marilou macdonald on Anthem OTC catalog
  • APRIL WEST on United Healthcare OTC catalog 2024
  • Debra on Humana OTC catalog 2024

Social Icons

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • February 2022
  • December 2021
  • October 2021
  • February 2021
  • January 2021
  • February 2020
  • January 2020
  • October 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • March 2015
  • February 2015
  • September 2014
  • August 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • September 2011
  • July 2011
  • June 2011
  • April 2011
  • August 2010
  • April 2010
  • September 2009
  • August 2009

Recent Posts

  • Medicare Payment of Diabetic Supplies
    30 May, 2025
    0

    Medicare Payment of Diabetic Supplies

  • Grassroots Marketing for Medicare Agents
    29 May, 2025
    0

    Grassroots Marketing for Medicare Agents

  • Final Expense Plan Basics
    29 May, 2025
    0

    Final Expense Plan Basics

  • Final Expense Sales 101
    23 May, 2025
    0

    Final Expense Sales 101

With licensed sales professionals in both the investment and insurance fields, the experienced and knowledgeable team at Crowe & Associates can tend to your various needs.

Latest News

  • Medicare Payment of Diabetic Supplies

    Medicare Payment of Diabetic Supplies

    How Medicare Covers Diabetic Supplies And Where to Get Help Managing diabetes

    30 May, 2025

For agent use only.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800 MEDICARE to get information on all options.

Not affiliated with the U. S. government or federal Medicare program. This website is designed to provide general information on Insurance products, including Annuities. It is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that [Agency Name], its affiliated companies, and their representatives and employees do not give legal or tax advice. Encourage your clients to consult their tax advisor or attorney.

Follow Us

  • Follow Us on LinkedIn
  • Find Us on Facebook
  • Watch Us on YouTube

Subscribe to our newsletter

Edward K. Crowe & Associates LLC BBB Business Review
  • Home
  • About
  • Agents
  • Quote
  • Retirement
  • Services
  • Blog
  • Contact
  • Privacy Policy
Copyright 2025 Crowe & Associates | All Rights Reserved |

Insurance Agency Website by Stratosphere

  • Home
  • ABOUT
  • Sales Blog
  • Sales Tools
    • Online enrollment
      • Connect4Medicare
      • Sunfire
    • Quote and comparison site
    • Application Processing
    • Free Medicare lead program
    • Agent website
    • Predictive dialer
  • Free Leads
  • Products
    • Medicare Plans
    • Life Insurance Plans
    • Final Expense Insurance
    • Long Term Care Insurance
    • Fixed and Indexed Annuities
    • Healthshares
    • Dental and Vision Plans
    • Other Products
  • Training Webinars
  • Contact Us
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

Error: Contact form not found.